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Disputed pension contributions
Hi, I work for the local council and am about to take early retirement. I have been in dispute over missing contributions in the past and the last position a couple of years ago was that they now accepted that contributions were made from 3 February 1985. This still leaves 4 months missing which now are more important than…
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Pension Protection Fund problem
I had been in receipt of a topup payment from the PPF for about a year, the balance being paid by the trustees/administrators of the winding up scheme of which I was a member.This topup was paid regularly on time. When the scheme was finally wound up and the PPF took over the full payment four months ago, I have had to…
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Age/Pension Pot
further to this thread https://forums.moneysavingexpert.com/discussion/4694793 i am interested in the model that people follow. is there a template for the size of pension pot that someone should have at various ages :question:
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LGPS AVCs - Advice sought please
Hi, I have a friend who works for a local council and has about 20 years of local government pension built up, but is worried about their job and is asking about whether Additional Voluntary Contributions (AVCs) are a useful addition to their investments. The reason behind their question is that: 1) They are being…
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Aviva Personal Pension Selection
After considering a SIPP I decided that I did not require the additional flexibility of investment choices and so am transferring my existing personal pension through Cavendish Online to get the AMC reduced to 0.4% (plus the additional yearly charge and FMEC for external funds). Any comments on my fund selection below?…
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TUPE transfer and pension rights
My employer is currently trying to change our pension scheme from a DB to DC. Nothing has yet been agreed, but in the coming months, offers will be made. A straw poll by our Works Council has resulted in a 100% rejection of a preliminary suggestion. Long way to go, BUT In parallel to this, my employer has made a joint…
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Starting a new Job - Help on what to do with existing AVC?
Hi I took early retirement from the NHS at the end of November last year and claimed my Superannuation but put my AVC on ice as I was looking for a p/t job. In the meantime, I have been offered a p/t job working 3 days p.w. and I have the option of joining the company pension scheme and the employer will match my…
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Which stakeholder pension to choose???
Hi, I'm 31 and want to start-up a stakeholder pension due to the fact I wont be able to join a company pension for about 4-5 years and don't want to leave it much longer (long story and don't want to bore you!). Been looking on the internet and am tempted with Virgin's stakeholder pension because of the sheer ease of the…
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Can you 'transfer' a pension to the same provider?
My wife currently has 2 pensions with Scottish Widows for small amounts. Both are group personal pension plans. For ease of management and clarity, it seemed to make sense to transfer her first Scottish Widows pension into the second (current) scheme. This has caused so much confusion with Scottish Widows that I'm starting…
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Financial Mess - Need to avoid rash Pension decision!
Removed as too much sensitive info
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Leaving company pension and S2P
Good afternoon First post, long time reader first time poster but I've been really struggling with this and can't find an answer online so hoping the wise here can answer. I have recently resigned from my job, a division of a large multinational to go work for a long standing family firm in the same industry (better money,…
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Pension stamp
I have no idea how pension stamp works and what is required, where would I find a decent write up of this?
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Pension release
Hi, I need to raise around £5k urgently and was thinking of releasing part of my pension pot, do i have to do this through a company who specialises in this or is it something you can do for yourself (free of costs) if you can, any advice would be welcome. Thanks
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SIPP pension transfer
Anyone had any dealings with Berkely Burke and or Jackson Francis nice people and good sales patois and figures look good. Would be good to get feedback from someone already using them Would be transferring my old Scottish Widows pensions over to them
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Any advice? Employee pension contribution during maternity leave
Hiya, I've been given contradicting advice from my workplace and would appreciate any advice. I am part of a defined contribution scheme and due to go on SMP. My payroll has advised me that, both the employer and the employee contributions will continue based on my normal salary. And payroll has therefore recommended that…
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ray
hi just wondered if anyone has advice as to whether or not it is wise to keep my self employed private pension live, or opt to make it paid up, a friend said making it paid up means that i dont have to contribute to it every month (£125) but i lose the life assurance feature, i must admit i have other financial interests…
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stranded pots
Does the stranded pots limit - i.e. that you can commute a pension for a lump sum if the pot is below £2k - apply to a crystallised SIPP? (Or does it apply only to uncrystallised pensions?)
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Extra pension payments:
Hi all, my question is about extra payments to my personal pension fund. if I were to add a large sum (up to £20k) and then decided to buy an annuity soon after, (3 months or so), what would the tax relief position be on the new amount invested? I would be likely to take the full 25% tax free amount at the time of retiring…
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Pension Contracts
http://www.ftadviser.com/2013/07/03/pensions/annuities/friends-life-failed-client-on-annuity-says-adviser-UG66G0Xjz4crU6bGzzJzTJ/article.html ..."Friends Life contract stated that an annuity must be bought by the age of 75 or backdated to this age by the receiving scheme, which Just Retirement was unable to do. Mr…
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What happens to a Pension when old employer goes into administration?
I was wondering what happens to your Pension if a previous employer goes out of business... I left my old employer almost 4 years ago and have not transferred my pension to my new employer. My old employer (a well known travel company) have announced redundancies and store closures for the second time in as many years. I…
