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Pensions and Divorce.
So I'm going through an amical divorce and whilst the divorce has gone through the consent order for the financial side of things has not and has been delayed by covid and lawyers loosing paperwork (long story). My question for you guys is around the pension side of things. I have 2 SIPPS...the first with Hargreaves…
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GPO Pension
My Mother was a post office telephonist from 1957 for about 11 years, she seems certain she had a pension but not sure who with, who should she contact to find out?
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Old Pensions?
I have an old pension from a company I left but I have kept on paying in to it, I got sent a letter saying that my nominations were not legally binding & they would consider them but might decide not to pay the person's named, so I was thinking of leaving doses anyone know who the best provider is? & does anyone if…
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AVC v other funds
Hello I am with the NHS superannuation and looking to add some extra pennies to a pension . I have started a vanguard SIPP, but SPPA also signpost towards AVC with standard life /prudential So today if anyone could give me some extra information on the below just not sure I need anything else but my vanguard for the amount…
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GPI Europe
Hello I wondered if you could confirm that the above company is legitimate as they are offering to transfer my pension and don't want to lose out. Thanks
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Pension Planning Query - Small Pot Recycling
Just wondering if people can vet the below plan and point out anything I might have missed. Apologies for the long post - it's quite hard to describe everything without it turning into war and peace. Currently 39 and a member of the USS pension scheme on approximately £52k (recent promotion). To date I have accrued…
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750k Drawdown at 58
How much would you drawdown each year? Plan is to leave £50k each for two kids when we die.
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Home Responsibilities Protection & Reduced Stamp
Hi My wife is due to receive her state pension from April. Whilst at work she paid the reduced stamp but gave up work when our first child was born in December 1981. Apparently she doesn't qualify for Home Responsibility Protection (ie a credit on her NI payments for her state pension) even after she gave up work as she…
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With-profits and transfers
I've been doing a lot of reading to inform future pension choices. I'm 47 and as part of my pension portfolio I have £105k with Aviva that I am examining and considering transferring to my Vanguard SIPP. One of the considerations is the saving in fund charges: 1.00% for the Aviva pension versus 0.39% for the SIPP. My Aviva…
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Pension being eaten by charges
I've just realised my pension which I've paid into since 1984 is being eaten by management charges that amount to more than I'm paying in, on top of that the fund lost £600 in the last year:( I'm afraid I'm rather ignorant and have just been filing these pension statements away, it's only recently as the company has been…
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Paying NIC’s Direct from Drawdown?
I am 58, retired young and been in drawdown for a few years. From the Gov site, my pension NI record is: 38 years of full contributions. 10 years to contribute before 5 April 2029. 3 years when you did not contribute enough. Then on another page says: Estimate based on your NI record up to 5 April 2019 is £151.67 a week.…
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Work Pension and SIPP and that lump sum in SW.
Hello all. A bit of background I hope will help with my questions below: * I am 47 years old. * I am currently contributing 23% while my employer is contributing 3% into a smart work pension, which is invested in three (3) funds that I chose. * The smart pension only has 12 pension funds to choose from. * I have a Scottish…
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CETV for divorce
I am divorcing and have a civil service Alpha pension (career-average) with 5 years contributions, as well as a Nuvos pension which had 2 years of contributions. As per my latest statement, my annual Alpha pension is £5,893 and my Nuvos annual pension is £1,191. My survivor's Alpha pension is £2,209 per year. I will be…
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Voluntary NIC - is 2020-21 a 53 week year?
I paid voluntary NICs in 2019-20 by cheque, sent in 52 weeks' worth, only to find it was a 53 week year so to get a complete year I had to pay another week's NIC. I suspect the current year is also-does anyone know for sure? (I would call them but I understand it might not be possible to get an answer at present).
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Can’t find an IFA to advise on DB transfer because on increased PII and sub £100k pot!
Hi, This is my first post so apologies in advance if it’s inappropriate or the wrong place but here goes anyway! My wife and I both worked for Nat West in the 80’s, and she did just over 6 years. She turns 55 next month and we have previously spoken with our IFA about wanting to take the “pot” as we wanted to buy a house…
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Advice without sales pressure
When living in Asia my husband was approached by The Devere Group re pension and savings plans. He signed up with them and transferred his pension to the QROPS scheme in Malta that they recommended. We have now read many bad reviews about Devere and are concerned. We have approached several IFA’s re finding out if his…
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Should I merge pensions?
Hi, I recently changed job and so I now have started a workplace pension with Royal London with my new company. Royal London has a 0.9% Annual Charge (though this will reduce to 0.5% once £35k is held). I have a decent chunk of a pension with Peoples Pension (around £20k), this has an annual charge of 0.5%. I am in my mid…
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State Pension additional NI payments - where's the money !
Hi all Been jumping through the hoops as my pension is due on the 14/Jan/2020 I am some years short as was opted out. Was given an amount to pay over the phone and a bank account to send it to. It was sent on the 28/Aug/2020 and I have heard absolutely nothing. Till the 24/Sept/2020 I was sent an official ' State Pension…
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Consolidation
I am looking to consolidate my non work related pensions into one plan and have been told to look at Pensionbee. I am looking for some insight into this. It seems very straightforward but my pension provider is not making it straightforward and warns me of doom and gloom although all the reviews about pensionbee are…
