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pension advice
Hi All, My new workplace has just asked me if I have a pension that I want to contribute to. My last role paid well but did not offer a pension, but I realised that I have been paying into various different schemes over the years in my prior jobs. I have no idea how much money I have 'accrued' or 'lost' by doing this but…
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Care Home Claims
I am attorney for my auntie and have been advised by Care Home Claims and their partners, Keypoint Law, that I have a good chance of reclaiming her care home fees. However, their "no win no fee" contract seems to be very complicated and I wonder if anyone else has had dealings with these people.
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laurieo
My wife retires this year at 60 with a local council pension . She has been offered : Annual pension £13176 Retiring allowance £34383 Or Revised annual pension £10312 Revised Retiring Allowance £68749 . She will have no other income ,until the state pension kicks in . What is best to go for ? .
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Pension advice welcome.
Although it is only a part-time job, I have been paying into the Whitbread pension for quite a few years. They closed their final salary pension to all staff a while ago and switched to a money purchase scheme. I am eligible to take the deferred final salary pension from next year although I am going to continue working…
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Consultation on regular survey of all ABI members offering annuities
http://www.abi.org.uk/Media/Releases/2012/11/ABI_launches_consultation_on_annuity_rate_transparency.aspx ABI’s proposal in brief: We propose to conduct a regular survey of all ABI members offering annuities, setting out a number of typical customer profiles and asking what income each of these would receive from an…
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Any advice on setting up a new pension?
Hi I'm a complete newbie to pensions and was wondering if there are things to look out for before I sign up for one. I've been looking on comparison websites and have seen that the annual fee varies from 0% to about 1.5% and obviously I would go for a 0% one, but why isn't everybody doing this? If some of them can charge…
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Confused by message from FA regarding pension - advice please?
Hi I'm new to this forum - hi everyone! :) I would like some advice - the situation I have may be complicated, but I'll explain. My Gran died a year and a half ago, leaving my Dad, her only child, her estate. He had verbal instructions from her to split the proceeds of the sale of her house 5 ways, between him, my Mum, me…
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Abbey Life Paid Up - Tax Free Lump Sum %
My annual statement from an old paid-up unit-linked pension just came through. It has a combined Former Pro. Rights and Non Pro. Rights value of about 35k. Started in '89, paid up '96. I'm 45 so a little away from retirement yet, but as this was the only pension I was paying into at that time, will I only be able to take…
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ghost pension
evening my new frugal friends.:beer:just wondered if any of you know anything about dormant pensions? i ve had a company contact me regarding one i took out many moons ago.i opted out of serps and the lapsed policy as been found by these people.they ve returned a savings plan from that time:T and suggested collating the…
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Early retirement
Hi, I wonder if anyone may be able to comment, I have a company pension which my statement says is worth 14,658.49 I presume this means annually, I paid into this pension for 20 plus years and it started out as a super annuation scheme, as the company I worked for evolved the pension evolved with it, I always opted to stay…
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Help please... Forced pension scheme closure
I have a final salary (DB) pension and my employer has decided to close the scheme and transfer to a new one, a DC I think, which obviously is terrible in comparison to my existing one. The have offered me £500 pounds if I sign by a deadline to agree to the opt out. If I don't sign, they have said they will listen to any…
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Tourist board pension vs. Lothian pension fund
My partner is perplexed as to which of these two schemes is better/worth signing up for. These two links are public and do not require sign-in: https://docs.google.com/open?id=0B_8Fvqtu95pcNWhFSnZfTDM0ZFU https://docs.google.com/open?id=0B_8Fvqtu95pcbGVWUDI3dXVFRVE Any advice from someone who knows the jargon appreciated.…
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Government plans reform of pension income rules
"The government is debating whether to relax limits to the amount of income pensioners can draw down from their savings" http://citywire.co.uk/money/government-plans-reform-of-pension-income-rules/a633587 Let's hope something happens, and ideally something along the lines of what AJ Bell have proposed.…
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SIPP from overseas
Morning My wife and I are planning to permanently move to Oz next year. We have an income in the UK from renting our house out. Is it possible to open a SIPP whilst in the UK and put money in it whilst overseas? Regards 2ADH
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Pension switch to ISA
Hi, in the Pension V ISA debate does the following statement include the STATE pension : when your pensions are on track to give a real term income in excess of £10k, then switch to ISA.
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Am i missing something ?
hi all, me again sorry, this time it's not the NEST lol got a letter in from my pension provider today as i pay what is called single contributions every month instead of a monthlly contribution ( i dont always pay the same amount so paying this way has suited me, if i have more due to overtime etc i pay more) i phoned the…
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Annuity safety
Do Annuity providers who are not banks come under the same protection scheme should they go bust ?
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Lost pension
Hi when i had to leave my job a couple of years ago the pension holder where I and the company contributed into said I had to get another pension within 3 months or loose all contributions. i couldn't as I di not get a new job until fairly recently. does anyone know if this is correct, as it seems unfair to me. :(
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Is this any good?
Been offered a pension by my employer just wondering what the general consensus is vs my ftse all share stakeholder I have atm. + A Defined Benefit Cash Balance scheme that will give you a lump sum at retirement. + There are two levels of involvement - ‘Core’ and ‘Enhanced’ - choose the option that’s right for you. + For…
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Final Salary funding level
I wondered if those knowledgeable about FS pensions would care to comment on the level of funding my provider has. In March 2010 the assets of the plan funded 70% of the liabilities. In March of this year with the poor investments that we have seen it had fallen to 58%. A winding up projection shows a 50% funding level. I…
