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Fund charges
http://www.investmentfunds.org.uk/chief-exec-blog/2013/03-04-13/ "So I have a proposition that I want to ask a broad range of stakeholders to help me with. This includes asset managers, clients, advisers, the media and consumer representatives. I want us to work together to build a simple solution and to develop a…
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Claiming back an RBS pension!!!!
Hello, I was wondering if anyone could inform my regarding any options with the RBS staff pension. I worked for RBS for around 3 years between 2005 and 2008 and at the time RBS enforced a pension scheme that you had to pay into if you wanted to or not, due to this my wages were lower than others in the same sector, I…
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What does it mean to retire from a job?
Is there any legal difference between "retiring" from a job, and "resigning"? Once upon a time, with occupational pensions, retiring implied taking benefits from the scheme: there was a stronger link between stopping work, and receiving a pension. Nowadays, my "company" pension schemes are really group personal pensions…
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Annuity
Does anyone know if you have an annuity and you die is the money lost or does it go to the next of kin. Thanks xx.
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Unsure - Pension or OP
Hi All, Looking for some advice and need to know what you would do. A little about me, I'm 26 with a little one on the way. Currently I have no pension and little savings I make small overpayments on mortgage each month (£50-100) but got thinking recently, should I be putting this money into a pension instead? My company…
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Armed Forces Pension
Hi, I just wondered if anyone could help really regarding armed forces pensions. My partner left the army in 1998 after serving nearly 24 years. His pension is due to go up this year when he turns 55. How much should the expected rise in pension be? He commuted half of it. The other question is... he divorced his wife in…
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Laughable annuity quotes
I have a few little pension pots from places that I worked with for 2 or 3 years. Got a summary from one this week. It's laughable: Pension pot: £15k Estimated pension = £30 per month, before tax That means it would take me over 40 years to "use up" the pension pot! And thats assuming there is no capital appreciation on…
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to move or not to move?
Hubby has a pension of @ 25 years (contracted out) with well known provider.... ...changed job, now firefighter. He has opportunity to move pension to fire service pension. Advise appreciated if this is a good idea? thanks:D
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Pension and self-employment
Hi Everyone I have been self-employed for the last 3 years.In a meantime I had a baby. After my maternity has finished I have decided I am not returning to work(yet).My daughter is only 9 months. The problem is I am hestitating if I should close my self-employment account?I do not have any clients. I only add I am afraid…
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Former Protected Rights Pension
Hi there, could anyone tell me where I can get some free advice with regards to transferring a former protected rights pension worth about £12k currently? I no longer work for the employer who I took it through, and that scheme doesn't allow payments into it anymore. Also the pension scheme with my current employer doesn't…
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Retirement, tax and perhaps a SIPP
Hello all I'd be grateful for some advise for a relative who is approaching 60 this year. At this point he plans to take 24 hr retirement and then return to his job part time until the age of 65. He has a final salary pension scheme that will pay him a pension of approx. £46K/annum from 60. His part-time income will be…
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Basic Pension Advice.....
Hi This is a very basic question regarding pensions but i have no idea about them and can't seem to find a definitive answer. I am currently a police officer and so have a pension scheme through that, but prior to that I had two jobs for about a year each in which I paid into a pension scheme. One was the civil service…
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Getting a SIPP and then cashing it in.
Can anyone answer this query? I'm age 63 working and earning £34,000 per year. I am also receiving a work pension of £20,500 per year. Can I open a SIPP or Stakeholder pension pay in £1000 per month for say one year. Will I receive the 40% income tax paid on this money back, making the SIPP worth £16800. Can I then cash it…
