-
Merging pension pots
Hi, Ive a workplace low risk investment pension with Aviva and a historical ethical stakeholder pension that is now with Retiready... pots total about £100K Ive left my current employment and want to consolidate my pots... Ill be 55 in 2020 and want to draw on my funds to invest in my own retirement plans... Ive been…
-
QROPS advice?
Hi We recently sold up in the UK and bought in France. Husband retired and there full time; I am travelling back to London for work short term. Thinking of moving my DC pension into a QROPS. Have spoken to one advice firm and was planning to go with them until I found out today that they have put their fee up 300% since we…
-
should i enroll after retirement
im carrying on working past retirement for 1 or 2 years. ive taken my state pension and company final salary and now only working half the shifts i did. ive now had a letter informing me ive been auto enrolled into another. initially i didnt see the sence in this but have been advised by HR to consider it as a savings…
-
auto-enrolment threshold
Hi probably been asked (and answered) several times already, although could not find anything when I searched on certain keywords that might be applicable :( I have recently started a new job (after being unemployed for several years due to an accident), and have just received my first payslip, however, I am being told…
-
Can you transfer old pension into auto enrolment pension?
Hi My wife has an old work pension pot with Sun Life Financial of Canada of around £80k. This was built up from her previous employer before we had kids and nothing has been paid in for around 14 years. About 5 years ago she went back to work in a part time modestly paid office job and was subsequently auto enrolled into a…
-
CETV’s
Hi Can someone tell me why a CETV from the same pension provider changes in value on different dates Thanks
-
Release some funds in pension
Been told by pension company I can’t release any funds till age of 55 is this true?,as need to clear some credit card debt thank you
-
Auto-enrolment while 'Acting Up'
I have recently started a year's maternity cover as a secondment, 'acting up' in a qualified role which has a considerably bigger salary. Having received my payslip today, I notice that it has been allocated as my receiving my main role salary, with a separate 'acting up' payment added on top. This means that my…
-
Pension drawdown at 55
Hi, I am 55 in just under 3 years and I am looking to possibly draw some money out on 2 of my 3 pensions. I have 2 older ones that I no longer pay into. My questions are - Can I withdraw from the 1 old private and 1 old work pension at 55? If so, do I need to combine to 2 before I can withdraw any money from them? Thanks…
-
Nest Pension - Good Value?
Is Nest good value in relation to costs. 1.8% deduction on all contributions and a .3% annual management charge. How does this compare with Low Cost DIY Sipps? Difficult because of the different costs structure. The default fund is a retirement date fund, Is this similar to the Vanguard Target Retirement Date Funds. I see…
-
Pension for Short-Term Job?
Hi all. Just looking for a bit of advice really. I’m in my early 20s and just about to finish university. I have a job starting in September within the Civil Service and I’ve received some information through about a pension. I’m entitled to join either alpha (which requires contributions) or partnership (which doesn’t).…
-
Auto-enrolment shambles
I did have a workplace pension provided by my current employer, but I opted-out last year. Come last pay period, I was automatically opted back in without any prior notification, and deducted £49. I then had to jump through hoops to get opted out again. How can this be allowed to happen? Surely it should be an opt-in…
-
Am I missing something?
Dear All, After being self employed for 14 years due I had a change in personal circumstances and had to restart my life from scratch. I am 53 yrs old and 18 months ago got myself a "proper job", employed full time permanent. Upon joining the company I immediately opted out of the pension scheme. I have now been made aware…
-
Auto Enrolment questions
I'm in a temporary job at the moment and it's due to last around 4 months. My employer has told me I've been enrolled into an auto enrolment pension. I'll put in 3% of my monthly salary and my employer puts in 7.5%. I think I've made a couple of contributions to AE, totalling only about £20, in a previous temp job. I don't…
-
Paying extra contributions advice
Hi forum, I currently pay in 6% contributions on £15k and my employer is going upto 4.5% April 2019 and I am 40. This is my only pension and I have 6 months cash aside plus short term savings, debt and mortgage free. I have been considering either increasing my contributions or opening a S&S ISA for retirement planning too…
-
Will late payments from employer affect my pension?
I've just started a new job with auro enrollment pension. My employer is over 90 days late with paying contributions. I have spoken to him about it & he says it will be paid in asap. Just wondering if this has any overall effect on my pension, other than he's in breach of the rules?
-
Nest pension
Son who works for an agency has been enrolled with Nest. There is not much in the pension pot. I want to help and am wondering whether it will be to his advantage for me to top up his nest pension with a lump sum when I can afford it or is it better to save this money in an isa. Thanks
-
Can you add non working wives to ssas?
I have read that you can add wives to an established ssas even though they do not work for the company. Can anyone tell me the advantages of this please? Thanks
-
Should i stay in?
Im 61 and have been in the auto-enrolement since it started.I rent my property and earn rhe minimum wage,grossing £15,227 PA. I am paying £33.22 per month pension. My question is,should i stay enrolled or opt out?Is it really going to be worth it in the end? Any advice would be very much appreciated.
-
Mis sold pension
Hi my husband who is an ex miner when all the pits closed years ago a lot of ex miners went on to work for the likes of pearl assurance and prudential etc . Anyway he was made to believe that he was doing the right thing and was advised to transfer from mine workers pension to pearl / Phoenix life we have only recently…
