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Missing Pension Contributions
My Company pension contributions have gone haywire. They are normally deducted from my salary but for 2 months no personal or company contributions have been made. I make 10% and company pay 15% so it's quite a lot. I was a bit slow to notice but they are now "looking into it". I'm a bit worried as the end of the tax year…
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Contributions to previous tax years?
I know it used to be possible to make contributions and have them considered for a previous tax year. Is this sort of thing still possible? eg: This coming tax year I might creep into the 40% band. If I do I'd be inclined to chuck sufficient into the pension to fully utilise the extra tax relief. However I won't know if I…
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Transferred pension, now leaving job after 18 months
Hello, Around 18 months ago I had a pension of around 20k transferred into my then new job. I've just left in my notice, and will be to looking for a new job. So... From what I've read, I can get a pension refund if less than two years employed. If possible I would like to keep the 20k transferred there so as not to have…
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Upgrade my Pension
Hi All, I am 61 years old and my wife is 50 years old we have been living abroad for the last 30 years and I am not up to date with my NI contributions and I would like to pay so that I can receive the full pension but my question is if I die before or during pension age would my wife be entitled to claim the same pension…
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Pension or Bricks and Mortar ?
I Hope this is in the right section to post ... Husband and I run an IT business Ltd company. We have saved a considerable amount in the company account over the years. I was thinking to free up a lump into a Pension fund. I have talked to an IFA about this and they think it is a good idea. However, I don't know whether it…
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Own Additional State Pension reduced by UK Gov because widowed
I qualify for my state pension in September 2014. My husband died 27 months ago aged 66. I don't work but receive a widow's pension from his company pension scheme. I was told today by the State Pension Service that because his COD (contracted out deduction) is higher than the inherited additional state pension, there is…
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34 and no pension!!
Please help my husband has moved around jobs int he last 10yrs and every company (with exception to his current employer) have had a non contribution pension. He paid into one for a few years and stopped paying into it when he moved jobs. He then paid into another for less than two years and they sent a chq back of £1200…
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Pension Newbie - quick questions
..this is a follow on from another thread I recently posted: https://forums.moneysavingexpert.com/discussion/4914418 I've put off a pension as I've been saving for a house + renovation. Now that is complete and I have some 'spare' money each month I thought it might be an idea to join the company pension. I suppose I've…
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Pension advice required
I am 52 Years old,employed with a planned retirement date of 2027 I have a £149,000 pension pot with Aegon that is is dormant (no more funds going into it) with a guaranteed enhanced cash free lump sum of £49,000 (A-day). I want to know if it is wise to keep this Aegon pension with the guarantee attached and a 0.8% annual…
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Time of year to retire
I am thinking of taking early retirement next year. My husband retires in December and I was thinking of going around April 2015. I am in a final salary pension that pays out at 63, although I will only be 61 1/2 I know others who have gone early but that was at their state retirement age. My question is whether there is a…
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Pension and death
Hi, can anyone help out, I am a little puzzled. My sister passed away suddenly last year, and her civil service pension went to her husband. Unfortunately he also passed away a few months later, leaving his estate to me. He had been drawing his survivor pension for about six months only. My sister had put in over thirty…
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Paying into two pensions - Possible? Stupid?
Afternoon folks, I'm hoping that this isn't too stupid a question but I've been searching and not come up with anything that has helped so far. Can I opt into my employers workplace pension (either automatically or voluntarily), to take advantage of their minimum contribution, whilst also paying the bulk of what I feel I…
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Is Final Salary pension be enough when i retire?
im on a Final Salary pension, so i can't put more money in. will it be enough when i retire in 50 years time? obv i have ISA saving but should i be thinking private pension on top of the FS pension?
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drawdown from AVC
I have about £12k in a Unit Trust Free Standing AVC Pension Plan with HSBC. I am 70 years old & receiving occupational and state pensions exceeding the amount needed to entitle me to use pension drawdown, but HSBC inform me that they "do not offer the flexible income drawdown option". I would like to take the money in my…
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SIPP Investments - Funds or 'Others'?
I have a SIPP which is invested 100% in stocks and shares and has performed fairly well over the last couple of years broadly in line with the general increase in the stock market. However, I am a little concerned with the potential volatility of shares as my retirement date looms and want to explore what other potentially…
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Random phone call about my pension?
Hi all, Not sure if anyone else has had this but I kept getting missed calls from an 01772 number so answered it to find out why they were calling (I'm TPS registered also). They were calling from 'Future Pensions' or 'Pension Planning' or something like that and said they knew I had contributed to a pension (random…
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IFA for non-uk resident?
Could someone recommend an IFA who is willing to deal with a non-UK resident (EU) with UK personal pensions. I'd like to crystalise my pensions. Apparently UK regulator FCA requests UK IFAs to have " a passport" for a country of client's residence, i.e. IFA need to apply for a permission to give investement advice the FCA…
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£9k investment - should I buy extra pension or pay extra off mortage
I really could do with advice please. I have been saving for 20 years into a stocks and shares ISA and have just cashed it in - awaiting cheque. Current value is around £9k. I cashed it in as I was disappointed with the performance. I set it up as a means of saving long term for my pension. I don’t know what to do with the…
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Hello? Any SIPP providers out there?
Hi I decided to switch from a stakeholder pension to a SIPP fifteen months ago and all was going smoothly. I got my money out of my old provider but before the SIPP proceeded the company I was doing it through became involved in a court case and it was put on hold. The company then went bankrupt but I still have my money.…
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Can you pay pension contributions from another pension payment?
I have an occupational pension that was paid out early due to ill health. However it is not going to be enough once I retire so I am wanting to start to pay into another pension to increase the amount. I have searched the internet but am struggling to get the answers to the following question:- Is there a tax benefit to…
