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National Grid Pension Transfer Buddy
Hi all, This may be a long shot. Does anyone know how I can find a "pension buddy" who's transferring out of the National Grid DB pension scheme. To be a buddy you need to be transferring from National Grid to the same receiving pension scheme. You need a Buddy if you want to preserve your protected pension on transfer -…
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Help with drawdown strategy
My OH and myself are approaching retirement in the next few years. Ahead of that I am trying to understand which method to use to access our SIPP's either Flexi–access drawdown or Uncrystallised Funds Pension Lump Sum (UFPLS). Our SIPP's are approaching £300,000 each and we have ISA's of 250,000 each. We would like to…
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Cheapest pension to invest in Vanguard LifeStrategy
I know that they have a SIPP coming soon but that's been said for a while What's the current cheapest way to invest in Vanguard Life Strategy funds in a pension?
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Salus meeting re possible ill health retirement
Apologies if this is in the wrong section. If so, I hope someone will kindly move it? I have been off work 7 weeks and will meet the works' doctor next week - complicated issues - stress plus various physical conditions causing chronic severe pain in hands plus carpal tunnel, hearing loss, retinal issues etc and a new…
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IHT and the 7 year rule
I hope I am posting to the correct forum. I understand from Martin's blog that a spouse's IHT allowance passes to their spouse on his/her death. Can anyone tell me if the same applies to the rule whereby gifts that are made 7 years or more before the donor's death are IHT free? Specifically I have shares in a private…
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What to do?
I current have 2 separate legal and general pensions from 2 previous employers with approx £600-700 in each, I am currently enrolled into a local government pension service with my new employer. Is it worth me paying in to these other two pension pots privately via direct debit so I have more to retire on? I'm 30 so still…
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tax-free lum sums and personal allowance
My mum is taking tax-free lump sums of 5% from her pension pot each year for five years as part of her tax-free lump sum. But she needs an additional £5k for home improvements. Would it be possible to take the £5k from the taxable part of the pension as it wouldn't be taxed as she is below the £11,500 annual personal tax…
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Barclays DB pension transfer
Hi, I'm looking to transfer my Barclays DB pension into a Sipp, probabaly Interactive investor, where I currently have a stocks and shares ISA. The transfer value is around 390k and would otherwise be worth £11750 per annum in 9 years time when I turn 60. I have other DC pensions currently worth £320k and savings of around…
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Cope
Hi all, I am at that stage of life where I decided to check my state pension (61 yo). I find that I will get a full state pension as I have contributed 40+ yrs NI . I Have also seen that I will get a pension of £25.58 per week from a COPE Now my problem is that I do not have a clue where this came from and would appreciate…
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SIPP transfer - 6 months and still not complete
Does anyone else have experience of slow SIPP transfers? I started a transfer from Bestinvest to Fidelity in late March. There was a flurry of reregistrations in July, but the transfer is incomplete. I've been chasing this up with Fidelity, and they have been investigating, but still no resolution. Between my wife…
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Change job, change pension provider
Hi. I have changed the job recently. Again.... My employer has to enrol me their pension provider. Currently, I have small amounts of my pension keep with different pension providers. I just wonder if there is a super way to transfer all my money from separate providers to actual one (pension provider with my employer…
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Pension Sharing Order Query...
Hello, I have a pension sharing order which requires to transfer my share of my ex-husband's pension. I chose to put this sum in my small personal pension pot with Scottish Widows. They have told me to seek an IFA to implement this. Can you outline the normal procedure that an IFA has to go through and give an indication…
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Multiple small pensions from different providers
Hi, I've had 5 jobs in the past 10 years where I've paid into a workplace pension. Majority of them have been through different providers, although a couple used the same (Scottish Widows) albeit different accounts as you'd expect. I've only ever paid in the default minimum amount so these are all fairly smallish amounts.…
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FAS - Pre 2009 Inflation Increases?
With today's news that CPI is now 2.9%, I was just wondering when the FAS increases are calculated for pensions not yet in payment. I know that pre 2009 service has increases limited to 5% but is that CPI or RPI?
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Starting a pension in Ltd company
Hi Apologies if I'm doing the annoying thing of starting a new thread when not needed but the circumstances are fairly specific. I own 50% of am limited company and don't have any pension. My co-director and owner has a stakeholder pension with Aviva from a previous job. We want to start a pension and I believe the most…
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Advice on setting up my own private pension please?
Hello everyone, I want to setup my own private pension and unsure of which investments and funds to choose. Is there any easy pension for people in my situation and can you recommend any. My current employer uses nest and only matches 1% and I have a old group pension with standard life for a previous employer. The rates…
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Living on savings
In order to retire early, me and SWMBO will be living on a lump sum I am due. From Jan 2018 until sometime in 2024, we will live on a pot which currently stands at roughly £274,000 Has anyone else lived on a savings pot for a period? Any tips or advice? [purplesignup][/purplesignup]
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Pension projections - clarification
</strong></a> vô cùng hấp dẫn của chúng tôi sẽ lhoog chỉ đưa bạn đi qua những góc phố cổ, ngắm nhìn những dãy nhà cổ kính rêu phong mà chúng tôi sẽ còn đưa bạn đi thưởng thức cho bằng hết những tinh hoa trong nên ẩm thực của Thủ phủ ẩm thực của Việt Nam mang tên phố cổ Hội An ấy. Nào, bây giờ thì hãy cùng nhau bắt đầu hành…
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confused over tax relief
Hi - I would like to set up a SIPP for my wife. She currently has a part time job earning approx £4.5k and a pension of approx £1.5k. Does this mean if we pay in £6k HMRC will add £1.2k? I've read that this tax relief can be claimed back for the last 3 years, is this true? If she leaves her job next (financial) year can we…
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LGPS statement wrong
My wife has been employed by the council from 1996 to now and has been in three different postions in that time . On her last statement it says the following 1/80ths 6 years and 79 days 1/60ths 4 years and 215 days CARE 2 years and 275 days In total this adds up to approx 13.5 years However she has been employed from 1996…
