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lost pension
Please can anyone help me?.. My husband had a pension with an old employer quite a few years ago. He had some statements sent out from time to time but they went to his previous address which was his mother's house. Any way when she died his brother got the house and because of a fall out with my husband had thrown out…
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40 year pension fund
My husband and I are quite confused regarding something we have heard and wondered if any one was able to help? My husband has paid into his pension for 40 years, is it correct that any further payments into the same pension will not increase the pension fund pot? Thanks
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can i cash out a private pension early?
hi, several years back i paid into a pension with a previous employer, i think they contributed the same as me, probably for around 6 months. i heard on the radio someone had cashed in their pension early but took a hit of 55% tax on it. is this possible for me to do? i'm 32 at the mo. thanks for any replies.
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Pension - widow not entitled as more than 11 years difference in age of spouse
My poor mum has been informed by my Father's insurance company that she will not be entitled to all of his pension as there was more than 11 years difference in their ages. She is 70 and he was 83 - can anyone advise? Many thanks,
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Trivial Pension but have other company pensions
Hi, My partner has just received a quote from Aegon for a small pension pot of £1094, one option was to take it as a Trivial Pension. The problem is she already receives an NHS pension of just over £7K that X 20 takes her over the £18K limit. Have been listening to Money Box live and they talked about a £2k limit what rule…
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Teachers pension v private pension
I have a teachers pension and also a private pension. Is this the right thing to do? - or would I be better off closing my private pension and paying more into the teachers pension?
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State Pension
Hi, does anyone know if it is possible to claim state pension at age 63? What if you are unemployed?
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Miss sold pension compensation
I have a case where I was mis sold a pension in the 90,s I have contacted a company who said they can take my case on ,but they charge 35% plus VAT some others are advertising 15% plus vat on any monies recovered. I knew it would be a minefield and doing it myself would just mash my brain, anyone out there have any advice…
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Pension
Hi - I know there may be a load of threads on this and I know there will be some responses as in "cant offer actual financial advice on here" etc due to regs but I have a couple of queries... I am approaching 30 and do not have a pension. my company has started the auto enrollment thing and are essentially offering the min…
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Salary sacrifice after public sector pension changes in April?
When a public sector final salary scheme changes to a career average scheme (as some are in April) does an existing salary sacrifice become a disadvantage as you are reducing pensionable pay? I don't do SS myself but am curious.
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Retirement:best way to bridge 55-60 & 40% tax
Hi all,We're an unmarried couple in our mid 30s. A good year from our BTL has put me into 40% tax, so we're looking to be tax efficient & think of retirement plans. Our goal is to retire at 55 with a joint income equivalent to £2.5knet/month. We will be home mortgage and kid free by 55. We're lucky to have index linked…
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Pensions are very risky?
Hi I've dug out my paperwork for my stakeholder pension. I am a pension newbie, and I don't understand enough of this to properly digest the paperwork, but I am learning. From the bits that I have read, it seems to me that all pensions are bad and risky. I used to think that pensions were safe and secure and could…
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£17690 pension pot
My friend has a pension pot of £17690 and will take her pension at age 55 in May. A leaflet she was sent says that if her total pension is less than £18K and she's over 60, or in some other circumstances, she may be able to take it all as a lump sum. She would much prefer to do this. Obviously she's under 60, but is in…
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should i transfer?
I paid into a group pension for a short time and then changed jobs so contributions stopped and Aegon changed my plan into the flexible pension plan. At the moment the plan only has £1500 odd in it so its not worth seeing an IFA but I know didly squat about pensions and don't know whether to carry on contributing to the…
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40% Tax Relief on Pension
Hi All I have a query regarding Taxes on Pensions. I have a Private Pension which is £1500 per year and a separate Employee Pension £1200 per year . Should i be receiving 40% relief ? Thank you
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Finishing work, pensions and income tax
My wife will shortly be retiring from full-time work. She is already drawing state pension (paid gross) and three occupational pensions, on which basic-rate tax is deducted at source. We understand the code for her job takes her state pension into account. She is worried that after retirement her occupational pensions will…
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State Pension - EU Member
Hello there. I'm not sure if this is in the correct place, but I thought I would ask anyway. I'm a German national, but I have lived and worked in the UK for 12 years. Therefore I have paid income tax and National Insurance for that period. I'm due to leave the UK (for the US) for a few years with work so I'm trying to…
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Redundancy vs Pension
Hi My son (26) has worked for his firm for nearly 4 years and has been paying into the pension scheme for about 3 years on a ''matched'' scheme. Don't know much more about it. Redundancy looms in about 8 weeks when they move production 'off-shore' (far east) Of the various options that may be open to him regarding pension…
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Brothers pension
My Uncle died last year suddenly of a stroke. He lived with his sister (my Aunt) all his life in there parents house as neither of them married or had children. My uncle worked at Rover for 45 plus years and now my aunt has been told she won't get any of her brothers pension even though she lived with him in their family…
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NHS Ill Health Early retirement pension.
Hi there I have worked for the NHS in an admin role for the past 28 years -mostly part time, no less than 24 hours per week). I will be 50 in December this year and I have been in the NHS Pension Scheme since 1997. I also transferred a private pension into the NHS one which added (from memory 2 years). Within the past 18…
