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Would my Mum be owed pension?
Hello. We have recently found out my Mum was born in Jan 1942, when we and DWP believed she was born in Jan 1944. We are in the process of getting her birth certificate. My question is will she be entitled to 2 years of pension that she hasn't received? Hope this makes sense? Thank you in advance.
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State pension voluntary contributions
I retired aged 60, am nearly 63 and am living on my DB pension. I was contracted out for a lot of my working life, have 40 years NI. My state pension forecast is 150.79/week at 66. If I pay another 3 years NI voluntary contributions I will get a state pension of 168.60. Can anyone explain why the YouGov website shows I can…
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Civil Service Pension lump sum query
Evening all, I hope that someone here may know the answer as I am going round the houses with Google! I have applied for my Civil Service pension and have received a letter from them saying that the quote will use up £29,895.87 of my lifetime allowance and, as it's below £30,000 and does not exceed the small pensions…
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Please can anyone help me calculate my lost civil service pensions for 3 and half years
Hi I need to calculate 3 and 1/2 years of pensions I have lost that I have to ask my employer to put back in. I need to calculate between Jan 2015 - to date. The information I have is that I was previously in classic scheme but everyone moved over April 2015 to Alpha. My salary is 30k. I am so stuck. Please help
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Pension Contributions
My husband was thinking of making a payment into my pension. Is this allowed and how does it effect the amount he can pay into his own pension? Thanks
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Deferred DB pension with GMP and no spouse - should I transfer?
I'm reasonably knowledgeable about pensions but am in a quandary about what to do with my deferred DB pensions. I have two, both with GMP. One is £5,200 pa (revalued as at 2022), the other is £12,300 pa (revalued as at 2020). The combined TV is around £420k. I'm 58, female, and, although I have a long-term partner, am…
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Office of the Public Guardian
We have some worries regarding a LPOA acting for my elderly Father. Is there any other way to revoke the LPOA other than filling in the relevant forms I tried to call the OPG and their menu system is broken and kept bringing me back to the main menu. When eventually I ended up in a queue of 30 people when I reached 5 they…
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Opening H-L SIPP Account
Hello, I am 55 , unemployed and have a small H-L SIPP which I am hoping to take under the small pots rule this financial year. if I do this I assume that closes my H-L SIPP account Can I open another H-L SIPP with them after this one is closed? Can this be done shortly after the other one is closed? Thanks
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? Name of pension provider
My son worked for an employer in 2001. He had, from what he can remember, a personal pension paid through his salary. He can’t remember the name of the provider and he no longer has the paperwork. He’s tried the Gov UK website but can’t get anywhere because he can’t fill in the name of the provider. Is there any way he can…
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Pensions dashboard set to launch next year - MSE News
The first version of the long-awaited 'pensions dashboard' - which will allow savers to access info from most pension schemes in one place online - should be ready to launch next year, the Government has said...Read the full story: 'Pensions dashboard set to launch next year' Click reply below to discuss. If you haven’t…
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Help with my Pension planning please
Hello All, I am always worried about will I be able to afford ourself after retirement, I understand "afford" is on a case by case basis and dependent on lifestyle. I want to get your view on what best can I do with my current savings/investment before I meet an IFA. Age 41yrs Total Saving in Bank accounts : £13K (1.5%…
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Will a smart pension “reduce” my salary and affect tax rate?
I’ve just been offered a job paying a basic salary of £47000. The company has asked if I would like to opt in to their smart pension. It makes sense to take advantage of the company’s pension scheme as they match my contributions and add a few percent. However, I also pay into a SIPP and would like to continue doing so. I…
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New pension query
I’ve been given an opportunity to auto-enrol in the Scottish Teachers Pension Fund (2015 scheme). I work very part time, seven hours in semester one and three hours in semester two. I reach SPA in July 2019 and currently receive a LGPS pension. I opted out of the previous offer of the NEST scheme and instead put equivalent…
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Company pension contributions
Can some one expert explain what happens when we read that a company pension fund has a "black hole" or a deficit, and is forced into making substantial contributions from ordinary company funds into the pension fund? Southern Water's pension scheme is I presume a defined benefit one? We are often told that DB schemes…
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Retirement Planning
Hi all. I’m currently 22 with a workplace pension of around £1,197 (both I and my employer pay 2.5% each p/a). I currently earn £21,000 p/a and tend to get a bonus (around £2K) and salary increase (around £2K) yearly. In around 3 years I’ll be a qualified lawyer (I’m on an apprenticeship scheme in which my employer is…
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Where's the best place for free pension advice?
Hi, my friend wants some advice on how best to take her 3 small pensions and I have no idea what to say She is due her state pension in May but was due 2 small teaching pensions when she turned 60 five years ago.(she has not touched these as she didn't know that she had them) She has one other small pension. She is on…
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A better portfolio selection for Sipp? Thanks
Hi there, I have an Isa with Vanguard. I am going to have my sipp with HL ( they do not charge for dealing funds), invest £800 a month for 12 years. Hsbc Global strategy Balanced, Acc with £300, Blackrock 85 Acc with £300, Baillie Gifford Managed, Acc with £100, Lindsell train global equity, income with £100. ( it is a…
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Pension Increase
I have an old-style 'final salary' pension. The company I worked for subsequently changed the rules, since when I've received annual advisory messages telling mje that my pension has been increased by 0%. What would have been a nice little earner is gradually depreciating. At a loss to understand whether I have options…
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Paying into pension when over LTA
Hi, I have a pension pot >LTA and am a Higher Rate tax payer, and 56. I continue to pay into a defined Contribution scheme 6 % (salary sacrifice) and my employer 11% maxing at 12 %. I know I will lose 25% in LTA charge leaving 8.25% to 9% employer contibution effectively going in I could drop to 3% and employer drops to 8…
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Cevil Service Pension
Does anyone know the benefits of either the Alpha or Partnership in the Civil Service Pension arrangements? I also have two previous schemes. I have an Aviva Friends Life Long Term Capital Growth FP, and I also have a NEST retirement scheme. I paid into these schemes for about a year each, so they have a similar value. Is…
