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Avoid Aviva - abysmal service
The worst 'customer service' I have ever experienced from any company ever. Takes a minimum 30 minutes to speak to anyone at Aviva on the phone. They then can't offer any meaningful help without putting you into another call queue. Absolutely zero proactivity on Aviva's part to sort out a minor issue. So you have to call…
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New employer not offering pension - help!
Hi all I left my previous employer in early Jan - with whom I had a company pension with a well known provider, BlackRock. Going from what was a large, established regional employer to a small startup business, I was always expecting teething problems. However, since starting my colleagues and I have been asking our boss…
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Workplace pension FSCS limit - even provider is confused.
Hello, I am looking for some help / guidance. I have a workplace pension with my employer, it called a defined contribution pension plan, it is set up under a trust and it is administered by Legal and General (they send out a benefit statement, and answer any questions I have). I am still saving into the pension plan and I…
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Lowest platform costs for drawdown scheme?
Does anyone have any links to recent reviews of platform costs for a SIPP/Drawdown scheme. I'm looking to move my pension pot to a SIPP, buy two "lifestyle" funds, eg one Vanguard Lifestrategy and one Blackrock Consensus in equal portions. Hold for around three to four years before starting drawdown. AMC is the most…
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Expat - old Standard Life Stakeholder pension
I have a Standard Life With Profits Stakeholder pension from when I used to live in the UK. For the past 10 years I have not really given it much thought, however I'm now slowly starting to get my finances in order. I was able to call up Standard Life and and now can log in to see the portfolio performance. Over the past…
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Pension for Son
Hi, Back in 2005, I read a newspaper article about starting a pension for a child. It seemed like a good idea,my son was 8yrs old at the time, so I took out an Individual Stakeholder plan with Axa. ( The plan subsequently became a Friends Life plan.) My intention was, that on graduating from Uni, my son would take over the…
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Civil Service Alpha - Early payment actuarial tables
I've just come across the early retirement acturial reduction figures for the Civil Service Alpha pension. I'd not seen them before, and I'm sure they will be useful to other people. http://www.civilservicepensionscheme.org.uk/members/actuarial-factors/
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Quick question
Hi all, I've searched around for this and think i might be phrasing it incorrectly into google :embarasse, if I get a job that earns more money, do I benefit from that when I reach retirement? I.e. will my state pension be higher? (the more you pay in the more you get back?). Thanks! :beer:
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Prudential Prufund Growth
Does anyone know how to access this for SIPP without an IFA Any thoughts on the fund?
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Salary sacrifice to SW Pension or SIPP?
Hi all, My employer pays 1% into a Scottish Widows pension, and I can take advantage of salary sacrifice scheme to also pay in (can't choose another provider). As a higher rate tax payer, I understand this is efficient from tax and NICs point of view and am thinking of substantially increasing my pension contributions.…
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Transfer or not to transfer NHS Pension
Hello, I am about to leave the NHS to go & work in education. I am a member of the NHS pension scheme (I've had a break in employment to study, so belong to the 1995 & 2015 schemes respectively) having worked from 2001-2002, then 2005 to the current day. In my new job, I will qualify for the Local Government Pension Scheme…
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Pension from a dissolved company.
I worked for a company from 1988 - 1990 and have only just discovered my old pay slips. Companies House tells me the company has dissolved, what chance do I have of claiming a pension (no matter how small) I could do with it! Cheers, Tony
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Tax Free Lump Sum
I am in a DB scheme with separate AVCs in the scheme, which can be withdrawn without affecting the DB pension. The value of the AVCs is less than 25% of the total value of the DB pot (AVCs about £50k, DB pot about £560k) The scheme is to be closed and frozen, and we are invited to join a new DC scheme. I propose to join…
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Guidance on Pension / Child Benefit
I am a bit confused as to what is best to do in order to maximise our monthly income and avoid paying more tax than necessary(!) and indeed repaying child benefit. About Me: I'm 30, annual salary of £59k. My employer pays a non-contributory 10% amount into my pension (BlackRock). I have opted - after reading on here - to…
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Pay more personal contribution?
Hi. I'm currently doing well in my job with decent commission each quarter but not enjoying paying 40% tax. I know paying tax is part of life but would paying more of my personal contributions help with my long term money plans and reduce the amount of tax paid out? Just need some advise as best way of getting earnings to…
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Final Salary Pension - value/transfer etc
Mrs Frog asked for and received info about her pension from company she left in 1996. Looking for a translation into English please!!! GMP to Apr 88 £4 GMP to 1996 £378 Excess over GMP to 1996 £1099 Total deferred pension at date of leaving £1482. Benefit details, revaluation rate: Pre/post 88 GMP - S148 or Limited Excess…
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Aegon and Retiready
Hi, Two questions…. 1) Does anybody have a view regarding switching from Aegon (Scottish Equitable) and across to Retiready? I am advised that I will be switched over automatically soon unless I 'opt out'. I'm no expert regarding pensions, but from the little I do know, I am quite okay with the current relationship. 2) I…
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Age UK planning your future workshop
I am booked (through work) on a Planning for your Future 1 day workshop next week. The agenda is Health & wellbeing, Legal issues, Options for employment, Financial and tax etc. This is being delivered by Age UK. Might be a bit late for me; planning to retire Spring 2018 (but hey, probably learn something, and it will be…
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Ex pat SIPPS
Hello - does anyone know why it's so difficult to move from one UK SIPP to another if you live abroad and are not UK resident for tax purposes? I really want to go for a low cost one that I can manage myself. Is it regulatory? Tax? Or is it possible and if so, how? With who? Thanks
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The cost of active management of my SIPP
Morning, I have the fortunate position of having a large pension pot, which I won't have to rely on as I approach normal retirement age. In respect of the pot on the advice of an IFA, I opted for drawdown and a cautious investment strategy with active management, since I wanted to preserve capital believing that active…
