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Transact platform/wrap - anyone using it ?
Hi, I have been a Hargreaves Lansdown SIPP customer for about 10 years but I have been talking to a new IFA about moving to him and using the Transact platform as it gives better control and a lower TER than HL. It all seems safe but is anyone here using this platform. Any issues ? What research did you do beforehand ? any…
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Scottish widows - problem with awful website
Anyone been able to add a member to their co. pension scheme this month? Been broken since at least 5th may. Their customer service said it would be fixed in 3 days and to send the payroll pension xls file to them. This was a week ago. Rubbish site set in the 90's, some parts only work in internet explorer 6 or IE in…
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TPS Should I continue pension contributions?
Hello, I am a teacher who at the age of 60 (I am now 62) began phased retirement, reducing my work by 20% and accessing a percentage of my pension. I am still happy working and will continue to do so for at least three more years. I already have 40 years pension contributions so will be on the maximum half pay when I…
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NIC employers
Hi Not sure if this is the right place to post but here goes. My father is very ill and I am trying to sort out his pension & tax. He has a SSAS and has set up a company to pay his pension & tax. My question is does the company need to pay Employer NIC I hope that this makes sense. Regards Graham
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Wife's workplace pension (Fidelity)
Hi there, My wife was a bit late in joining the pension party, having only joined last March (2015) at the ripe old age of 28 (I'll get a row for that later!). She had never ever considered pensions before, basically as she felt she couldn't afford it with student loan deductions, etc. I finally managed to convince her she…
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Stakeholder Pension (with salary sacrifice) vs SIPP
Hi, I am currently paying into a stakeholder pension (Scottish Widows). My employer currently contributes 5% of my salary and I am allowed to contribute using salary sacrifice (so getting the NI benefits). All told this equates to about £1330 a month going into the pot. While I am aware stakeholder pensions are probably…
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Stopping work early with big change to lifestyle?
Lets say you are 40, don't have much debt and have reasonable savings and really hate working. I am not talking lottery winners or anything, so lets say you can go from earning £60k+ but working full time, hard work - long hours - lots of stress, down to say £15-£20k but not working ever again. (based on having enough…
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Employers Pension?
My employer has asked me to look at providing my own pension plan which he is willing to contribute to, however if I have the Pension Plan, I will be paying the charges for administering the Plan. Should the employer not set up a Company Pension Plan where he is responsible for paying administration and charges incurred by…
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Drawing on Superannuation Fund in Australia.
Hello all. I'm a UK citizen but I lived in and worked in Australia between 1989 and 1997 - I also have Austrlian Citizenship. In 1990 I moved my local government pension into the Aussie company's Super fund. I am 60 in December 2017 and would like to take my 25% tax free lump sum. I don't know how to go about this, don't…
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Platform Wraps - Good idea?
Hi, My parents have a number of rather indifferently performing funds (with relatively high charges - approx 2.8%) which they wish to move to a better performing fund. Rather than investing directly in another product, their IFA has recommended using a so called "platform / wrap", in this case Aviva's. Her logic for doing…
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We have vanguard 80 where to put £150 pcm
So hubby is putting £250 into vanguard and £150 into Royal London. My work provides a pension but I don't know who with yet and they will put 15% into it on top of my salary not out of it. I want to put £150 pcm away myself but we don't want to duplicate any of the above investments. Where would you put it? Just doing some…
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Leaving the civil service pension
Hi i was wandering if you can help I recently left the civil service and was on a civil service pension scheme for 4 years my employer would put in £300 a month approx and my contribution was approx £70 a month. Im getting married later this year and looking to unlock my pension funds, but im not sure if this is possible.…
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Vanguard 80 issues with best invest. Can't add to fund!!??? Help
So we have managed to add cash to the account this is the second month it's been open. It's a SIPP with the intention to drip feed £250 a month into the above. The first 250 we got in there ok and invested it into vanguard 80 acc. However now it's keeps telling us can't invest in same fund!? What the damn hell!? Why can't…
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Auto-enrollment isn't until 2017, is that a cause for concern?
Hi there, As a new user, I hope this isn't an often asked, silly question. Basically I found out recently that the staging date for auto-enrollment at my workplace isn't until 2017. Obviously this isn't ideal but is it a cause for concern? Are pensions one of those things where you should get onto it asap? I'm incredibly…
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Advice - private and work pension
Hi everyone, looking for advice re pensions, hope it all makes sense, I am not too up on pensions and how it all works (hence looking for advice or someone who can point me in the right direction.) My husband's previous employer did not offer any kind of pension, but he was advised to pay into one separately, which he has…
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Makes my blood boil
Ive found out that someone i know who was in the civil service for all of their working life and did do very well in their career is now retired on a £100k a year pension, for lets say not exactly what you would have to contribute in the private sector to have such a return. Im in the private sector work 50 plus hours a…
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Small NHS pension, what to do?
Thanks to information provided by this forum, I looked into whether or not I had any NHS pension from the years I worked for them, (1991 to 2003, with a small break.) Turns out I have a small fund, which will pay £3463.00 pa and a £10,300.00 lump sum on hitting retirement age, or £3037.00 pa and £9,500.00 lump if I were to…
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Mysteriously full NI years!
Hi all I'm a little confused. Logged into government gateway for the first time recently and looked at my NI record. Strangely, despite being in full-time education with only very small part-time employment between the ages of 16-18 (approx 50 quid a week, but not every week consistently for this two year period!), my…
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Stakeholder or With profits?
Hi can you help??? I have two very small pensions and want to start making contributions. They are both personal private pensions, one is a stakeholder and the other is a with profits,Which is the best one to make contributions into?
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Early private pension release for HM Forces
I set up a private pension many years ago whilst employed in the private sector. I decided to join the military and take advantage of the non contributory pension. Am I able to close and claim my personal pension which I have not paid into for about 15 years?
