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Left over AVC in DB sceme
I have a small DB pension which i will be taking next year, at the moment I am saving in AVCs in that scheme with my employer. The tax free lump sum I will be able to take is 25% of the total of my pension pot plus the AVCs I have saved. as the lump sum is taken from the AVCs first, I have estimated, and had it confirmed,…
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35 yr old with existing pot, how much to save?
Hi, I'm 35, and have a work pension with a pot of about £43k. My deductions happen before I get paid, and it looks like about £580 goes into my pension. I've had a pension for about 9 years but didn't earn a lot at first. I've read a lot about how much to invest, the % of your salary etc, but a lot of it seems to be based…
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LGPS Member and maxing out SIPP contributions?
There are a few calculators on the web and a few more guidance notes on from various sources but all of them are giving me different answers depending on which examples and calculators I am using. Basically I want to put the maximum amount in a SIPP this financial year utilising the last 3 years carry forward annual tax…
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Teachers retiring
Are there any teachers on here that regret retiring early? After the summer I will enter my final year and will have served 33 years. I used to love the job, but poor behaviour, ridiculous workload is pushing me out of the door. I don't think anyone that has not done the job can begin to understand what I'm talking about.…
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EXPAT - Pension help needed!
Morning all, First post and its a question... sorry in advance. In 2015 I took the opportunity of a transfer to the US location of my company on a transfer visa. Im a US employee, being paid in dollars to a US bank. The last year I paid tax in the UK was 2014-2015. I didnt really give my pension much consideration during…
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Another public sector golden pension
Someone i know just took early retirement from the civil service took £80k lump sum off to sunny places for next 3 months and is going to carry on doing a 3 day week when they return for more than if they carried on working FT and left the pension. And the last contact i had with my pension in the private sector was…
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Cashing in widows pension
Hello, I am enquiring as to weather a widowers pension can be cashed in. I receive a very small pension form my late wife's pension, it is only about £25 a month. Thank you PS is there a way of finding out if she had any other pensions , she work for the LEB in the 70's
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Company pension - no confidence in the trustees or fund manager
I am seeking advice as to what, if anything, I can do about a company pension where I have no confidence in the trustees or fund managers. This year, my pension from Kellogg Co of GB ltd, increased by less than 0.1% per annum. I have written several letters to their Fund managers (Aon Hewitt), pointing out how badly their…
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Private Pension
Any recommendations or advice on a private pension? I'm self employed so don't have a pension scheme available with an employer. Thanks
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Tracing deceased relatives pension
Any idea how to trace pension for a deceased relative with no pension scheme info? A letter was sent to his previous address containing a cheque and the new owner of the house returned the letter (after opening it!) and then informed us but didn't take note of the details. We are pretty sure it's a pension lump sum as he…
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Additional NHS Pension or SIPP?
My wife and I are both in our early forties and have two children. At present we have a small to moderate amount of savings and investments and we are now thinking more about pensions. I’ve contributed to my pension scheme all my working life and I suspect I will come close to the LTA before retirement. My wife earns…
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Frozen Pension
I was told in 1998 after leaving my job after 12 years in the civil service my pension would be frozen, but I have never heard anything since is there a way of being able to check this as I have no documentation.
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Benefits calculator
wrong forum"
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Low cost SIPP platform for regular saver
Hi I'm sure this has been asked numerous times across the threads, but I wondered if anyone could suggest the lowerest cost SIPP platform that would be best for a simple SIPP @ £150 per month in a Vanguard Lifestyle 100% Is there any expectation that Vanguard will open their new platform to SIPPs any time soon? Thanks
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Parents, pensions & wills
We nearly lost my grandmother recently which i think has triggered my mother to start thinking about wills and planning after death because she's started to talk about it all of a sudden. My mother is a widow in her mid 50s. She has no pension, the mortgage is paid off and she has somewhere around £60k-£65k in cash, then…
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Tax on pension query..?
Just asking this question for a friend who has retired in last couple weeks. With regard to work related pension, is it correct that it isnt taxed at source and that you have to do your own end of tax year return and pay whatever tax is due?? tnx
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AVC for a young teacher on TPS
Hello. I am 34 years old male and joined TPS last tax year. Salary is around £58000 and I receive Child Benefit (CB) for 2 kids (both under 5). I returned significant amount of CB last year, when I was not part of TPS. My state pension retirement age is 68. I personally feel demotivated at this young age to work harder…
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standard life group stake holders pension
Dear Experts I am not asking advice but I would like to request some tips from pension funds experts. So far I was with Hargreaves lansdown on SIPP. In my new company I am with standard life Group stake holders pension going to 1 scheme (SL Black Rock 50:50). Now , i am not adding anything in HL SIPP after job change. If i…
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State Pension for non-British EU national
Does anyone here have current knowledge of how getting a state pension works for someone of UK state pension age and now settled in the UK but has only about 5 years' NI contributions here? Realise they don't have enough contributions for a full UK state pension but have read that their work history in each EU country is…
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SIPP contributions around year end
Hi I have a SIPP that I have been contributing to through my company, my company just had it's first year end and I'm a bit unsure on a few things. By way of background my company year end was May 31st and there is £30k in capital and reserves, (£10k is accounts receivable, the remaining £20k is cash in the bank) I was…
