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Pensions Planning: The NUMBER
The NUMBER is how much income you need to "live comfortably" So What's your number? Very important for pensions planning, to know what you are aiming for. My Number? (for a couple) I calculated: £22,000 based on Food £5,000 Car/transport £5,000 Bills/Utilities £4,500 Holidays/Leisure £4,500 Clothing/Cash/Xmas/Other £2,000…
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Success Stories - Pensions
This is a bit of a light topic where the idea is to highlight what successes you had with your pension pots. Example - I contributed X and accumulated Y by Z year. Total appreciation was 'x' percent. Just trying to learn the following that could inspire a range of people - those with no pension, those who started late etc.…
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Acronyms etc..
Hello to all. As a fairly new forum user I would appreciate someone posting a key to the acronyms and arcane terms used when discussing pension issues. Thank you in advance.
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Pensions, Annuities & Retirement Planning Sticky
Welcome to the new Pensions, Annuities and Retirement Planning sticky! 👋 📖 Here are some Forum threads you may find useful (if there are any you think have been missed, please do let us know): * Can I cash in my pension? * Early-retirement wannabe * It's time to start digging up those Squirrelled Nuts!!!! 📝 And here's some…
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New Capita-run Civil Service Pension Scheme - problems (what a surprise!)
So, Capita have taken over the admin for the CSPS and their new website and members portal went live this week. I have just registered on the new portal and am not in the least bit surprised to find that the information available on the new portal is very scant and incorrect in terms of my length of service. With…
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Supposed free inheritance preservation seminars
Please delete
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CIVIL SERVICE CLASSIC PENSION - WORKING RULES
Hi forum. I have a deferred Civil Service Classic pension that I can access in 3 years time when aged 60. My question please; are there any rules about on-going employment if I were to continue to work beyond 60 whilst accessing the CS pension. I am currently employed via an umbrella company, working in social care for a…
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Missing years.. Dodgy employer
Hi. I recently saw a post relating to checking your state pension and any gaps. Thought I'd check mine out. To my suprise I have a handful of missing or incomplete years (even though I've worked since leaving school at 16). I won't probably need these years filled, I'm early 40s and only need another 10 years for full…
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UK retirement planning tools
Hi,I'm looking for a DIY retirement planning and drawdown tool that can make suggestions, especially around tax. There are lots of options in the US, but in the UK I can only find a product from Retireeasy.co.uk. Does anyone have experience with this tool, or know of UK alternatives? Thanks,
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Most efficient way of taking my DC/SIPP whilst already taking my DB (before the tax man gets it)!
I retired at 55 (now nearly 60) and my DB is £33k PA (did not take any cash free). I will get full state pension in 7.5 years (I've checked), unless things change! I also have a work DC with £107k (untouched) & a SIPP with £53k (untouched). I planned on leaving my DC & SIPP for the wife and kids (previously outside estate…
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Vanguard - Moving funds to drawdown and change to II
I have posted about this before last year, but I was given some incorrect information by Vanguard then. I usually keep 2-3 years money in a STMMF which I would like to use for drawdown, in case of market fluctuations. When you go through the drawdown process you specify which funds or cash to move the money to, but you…
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Help with difficult SIPP question which is confusing ChatGPT
Hello there, I came here a few months back and received some very sound advice from some very clued up people, I was hoping for the same again, as I am going to find myself in a very similar position to the below scenario come March this year. Lets say you're approaching the end of the tax year and receive your final…
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Anyone heard of myfptools for retirement forecasting - is it legit?
I'd like to use a free or low cost online tool for retirement forecasting. Is this one legit? Good? https://myfptools.co.uk/savings-model Or does anyone have any alternatives they'd recommend? Thanks!
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Timing the market
I know in theory you shouldn’t try timing the market, however I have just completed a transfer to A J Bell, and it’s now held in cash. I had planned to immediately move it to the cautious fund, and then the investment pathway 4. As I’m going to start withdrawing in April I’m vaguely tempted to leave it in cash for the…
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Asset rich, cash poor…
I’ve never been particularly money minded or materialistic, but always debt free. But I’ve hit a crunch. My partner and I have had the privilege of inheriting his parental home. We would love to refurbish it, it needs a new boiler, windows, kitchen and bathroom. Nothing fancy needed, but nothing done to it since the 70s…
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UK Government Bonds on Fidelity
I'm (hopefully) within 2 years of retirement, so looking to de-risk, and government bonds are an option I'm considering. I have a SIPP with Fidelity, but can't find gilts on their platform (google search hasn't helped) Does anyone know if Fidelity supports gilts? How to find them? Thanks
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Help with knowing how much is 'needed' to retire?
Online calculators to me are quite worrying in that it seems to be unless you have a pot of £1million then you're going to struggle in retirement & while some will be fortunate enough to be in that position, I certainly wont. I doubt many of the people I know either will be fortunate enough for that yet they seem to do…
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CSSP
I retired on 31/10 I had sent my request in August 2025 and received my quotation. I then sent the completed paperwork. It is now January and I have not received my lump sum or my monthly pension. I have called several times and been advised it is with the finalisation team but there are no timescales. Call wait times are…
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Taking tax free lump sum from SIPP
My husband has a SIPP, currently valued at approximately £215K. He has never needed to draw any money from the SIPP, and it's general purpose is to leave the funds invested for him to use if I die first, or for me to inherit if he dies first. However, he is 75 later this year, and our thoughts are turning towards taking…
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Conflicting Pensions Advice
What a nightmare, and i don't know what to do next!? I have a £122K pension pot that is still growing annually. I have a £13K pension pot that's frozen. I'm up-to-date with my state pension, with just 3yrs to complete over 4yrs. I'm 63yrs old, self-employed, but my business is buggered thanks to the smartphone! With no…
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Aviva group personal pension to SIPP
I've been doing some research into my Aviva pension, a former Friends Provident policy that's been deferred since 2014. It's done rather well, particularly since I invested the bulk of it in international and UK equities in summer 2000, and is worth about £185k, about £20k of which is in with-profits and which generates an…
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Unexpected inheritance - views ?
I am unexpectedly about to receive an inheritance which will be in the region of £120k. This was not something I ever fed into my retirement planning. Appreciating this is a "nice to have" problem in financial ways, though not in emotional terms re the bereavement. I'm retired, not currently taking on paid work but I am…
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Understanding Kingfisher Pension Info (Aptia)
Hi, I need a bit of help understanding the retirement quote I am seeing on my pension portal. This pension is a very tiny deferred Kingfisher DB pension. However, I don't understand the figure demonstrated at the bottom. I have already filled out the paperwork and submitted it to start the ball rolling and this is the…
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Uk pension for someone with a low number of years NI contributions possible.
Hi folks, A question for some of the more knowledgeable people on here than me. If someone worked in the UK for 5-6 years in 80's paid their Ni contributions in a salaried job, but then returned to Ireland to work, are those NI contributions basically lost and they are not allowed to top it up through voluntary payments to…
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
732 discussions
6.4K comments
Most recent: paid top up contribution but still not allocated by Silvertabby
20 January at 5:25PM
