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Annuity Search
Can someone be kind enough to point me in the direction of where I can typically start such a search?
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10% if starting at 20, 15% at 30, etc. - still applicable?
Hi, I just wondered if the rough guidelines of contributing half your starting age as a percentage towards pensions is still valid given worse growth/annuity rates? I'll be contributing (in total including employer's contribution) 18% from age 32 and don't think I could manage more even if I wanted to, because I'll be…
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AVC payment into USS scheme
Hi all, I would like to make an additional voluntary contribution into my USS pension scheme. I asked the accountant whether it was worth doing this, or if Id be better off putting the money in my SIPP. He said that I would be better off making an AVC into my company pension scheme (USS) because it would likely get me more…
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Transferring part of a SIPP?
I have a Hargreaves Lansdown SIPP that contains two "arrangements", one crystallised, the other uncrystallised. Is it possible to transfer one of the arrangements to a different provider while leaving the other undisturbed? If possible, is it likely to be costly? (Why might I want to? I'm not sure I do want to, but I'd…
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should i pay into a pension now with auto enrolment coming in?
I am 31 and have no pension and no savings. I'm an idiot, i know. until yesterday i knew nothing about auto enrolment and was stressing over stakeholder pensions, pp and pipps. My employer employs around 90 people. now if i've understood it correctly he will have to introduce auto enrolment next year and he will only have…
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Pensions uncertain in the future?
With everyone going to live to 100 or more, then either pension ages will increase or annuities will fall? With indexed linked annuities at 3%, is it possible that even if you have a huge pot, and with the supposed increased longevity, that annuities will fall to 2-3% normal annuity on small pots. Also if the tax free lump…
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When will first deductions come for auto pensions
For a firm with 300 employees, in which month will the first payment cons of pension .. Under auto-enrolled scheme take place?
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Purchased Life Annuities to cover 10 yrs till mid 60's
I am looking for some information about these, in particular I'd like to get a ball park idea of the sorts of rates they might pay in my circumstances. I'm 57 and currently not working, I have a decent private pension fund, but I don't want to buy an annuity with it soon as the rates are poor and I'm too far from…
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Takeing my pension early
I have a pension which was taken out to cover a mortgage on my home in 1988, I paid into it for 10 years but then was lucky enough to be able pay my mortgage off in its entirety. I am 58 years old. The fund stands at about £33,000 last time I checked It has life cover of £25,000 I have a life limiting illness now Q:How to…
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Is it now the time to take my annuity?
I have just retired at 60 and have 3 funds totalling over £300,000 none of these are now being contributed to . The main one a Aviva Cash Plus replacement policy worth around £230000 which may well have guarantees attached, £60000 in an Aviva stakeholder and almost £40000 in an old Guardian scheme. I have been speaking to…
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Pension options
I am coming up to 55yrs this October and have my Std Life private pension available to me, the pot fund is £200k. We have sat down and decided it would be a good idea for to release the 25% cash lump sum and it would serve me well to have the remainder as a monthly income. What are my options for the remainder and how does…
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Pearl Pensions Benefit Guarantees for poor advice
I worked in the NHS and started a pension with them when I started my nursed training in the early 80's. Unfortunately I was one of the naive souls who were convinced by Pearl Pensions to leave the NHS scheme in favour for theirs which I did for three years in the late 80's and then rejoined the NHS pension. Pearl admitted…
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Should i transfer pension to final salary scheme
Hi I dont have much knowledge of pensions and have been trying to find out what my best options will be online but i am really struggling. I worked for a private company and about 8 years paying into a private pension. I have since started working for the local council and have 12 months to decide if i should transfer my…
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Withdrawing pension??
I set up a pension plan 5 years ago, paying in every month. I then lost my job an subsequently had to stop paying into it. I have a new job now but have ended up in quite a bit of debt an wondered if there is any way I can withdraw th money to help pay my debts and start afresh? I'm only 24 an would rather get a clean…
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In really simple terms...
I have a with-profits pension, do I have this right... The money that goes into the fund buys "units". Because the stock market is currently down, the units aren't worth much, and hence my recent annual statement made me quite depressed. If the stock market picks up, then the unit value goes up, and so my next statement…
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Greenwood financial planning LLP
Hi All. hope you can help me, has anyone had any financial advice from the above company? I'm a bit concerned about my pension and don't want to make anymore mistakes.:( Thank you
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small pension pot
wonder if someona can advise me please, i am 55 yrs old and have a personal pension pot that ammounts to about £15000 which i know is not very much but, do i have to draw it as a pension or is there some way that i can have it in a lump sum, im sure i could put it to good use in a lump as opposed to £20 per week os…
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pension decisions
Hi, Can anyone share their thoughts on a personal pension vs low-cost SIPP for someone in their late 30s, in self-employment? Starting with 10k-ish lump sum, then monthly payments of up to £400 or so. Personal pension would be from Cavendish Online - not sure which one. Am also open to a stakeholder but understand that…
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Which private pension when living abroad?
I have 25 years in a Civil Service pension, which will be frozen until retirement age. I will be living in Crete from April 2013, but would still like to contribute to a private pension. Does anyone have any advice as to which pension I should look at? Thanks Shirley.
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Bonus/Pension advice please.
Just found out DH has missed deadline for Salary Sacrificing his bonus. He completely ignored emails about it back in December. It was always our intention for bonus to be sacrificed this year as pension is relatively low due to his previous employer going into administration along with his final salary pension. Also he is…
