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Spouse Inheriting ISA's
I believe that when a spouse inherits ISA's that there is a Additional Permitted Subscription that can be used. My question is would the building society inform the recipient of this at the time ,as I would imagine its something that could be overlooked at a stressful time and may lead to some losing the tax free status of…
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UK state pension while living in Brazil
I am a UK citizen by birth. I have now reached pensionable age and am eligible for a state pension based on voluntary contributions. I am fiscally resident in Brazil where I have a Brazilian pension. If I take my state pension payment in Brazil I believe I will lose index-linking. If in the future I relocate to an eligible…
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drain SIPP in to ISA - quickly, slowly or not at all?
I'm going round in circles working out what to do with my SIPP and I'm now hoping that someone can suggest a way forward, please. For context I'm 61, stopped working a year back and taking defined benefits pensions with cash set aside to get through to state pension. I started off thinking that I would drain my SIPP in to…
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NHS pension - best time of year to start
To maximise the increase in CPI, is it best to take my NHS pension as an active member as soon as possible after the new financial year in April or are the calculations pro rota over the year?
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Tax on pension
Mother in law is 90 - was living alone but currently in a care home (not sure if it's temporary or permanent). She owns her own house worth 300k 🤷♂️ Father in law died a couple of years ago She gets 1k+ state pension every 4 weeks as well as 450 from her work pension and 425 from his work pension. fiver a month interest…
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ii SIPP - taking first Tax Free Lump Sum
Planning on taking a PCLS (pension commencement lump sum) from my SIPP. What is not clear to me is if I need to sell some of one or more of my investments first in order to have cash available for the withdrawal. I walked through the process expecting to be asked what should be sold to release the lump sum cash, but I…
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Pension seems to be doing ok?
Hi there, I'm not looking for advice, more like opinion (although I appreciate they might be similar). I have a stakeholder pension from a job I left in summer 2025. Relatively small amounts were paid in as part of my salary but about 5 years ago I started paying in extra cash to help boost the pot. In January, Scottish…
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HL SIPP Track the market vs Expert Managed
As above. Obviously fees are much higher so just wondered what, if any, people’s experience has been and if they felt it had been worth it or not? ( Appreciate fund size and many other factors come in to play but as a simplistic experience!)
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Annuity change of calculation from RPI to CPIH
As many of you will be aware, in February 2030 the calculation for RPI will be changed to be the same as CPIH. The term RPI will remain in existence but it will effectively be CPIH. CPIH typically runs between 0.5% and 1.0% lower than RPI. For long term holders of RPI annuities it is unclear if there will be any redress to…
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DWP UK Pension payment in France arbitrarily stopped - anyone else?
The DWP international pensions office manager in Wolverhampton wrote a letter to me dated 30 December 2025 which arrived here in France on 17 January 2026. The manager said my pension payments were being stopped from December 2025. The 4-weekly payment due on 6 January did not arrive at my bank. He or she claimed not to…
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Moving from defined benefit Teacher's pension to defined benefit Railway Pension scheme
Hi all, I am looking for some advice on my work pension. I moved from working as a teacher to the railways around 9 months ago. I am trying to decide whether I should transfer my pension benefits from teaching into my railway pension, or whether to leave it as a separate entity. Pensions confuse me, so if anyone had any…
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Sharia index tracker versus global (ethical) equity in workplace pension (USS)
Hi Everyone,Just looking to get some thoughts on the merits of different funds when there is a limited choice within a workplace pension, particularly Sharia versus ethical funds. I am referring to the DC part of the USS hybrid pension scheme, but aiming to understand all of these funds, and their pros and cons. For…
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Not a full state pension plus a private pension
My wife is turning 70 this year, she has a civil service pension but only a partial state pension because she refused to fund more into it when she finished in the civil service at age 40. So her total pension comes just above the current income tax threshold for paying tax. With the current government plans to ensure…
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Preparing for an interview with an adviser
I know next to nothing about pensions. I may be lumping together two pension pots together to create a drawdown pension and start drawing from it. What sort of questions should i be asking? Initial fees, ongoing fees, cost and charges, fund management fees etc, anything else? Can i defer my 25% tax-free lump sum and take…
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SIPP Drawdown HL
I’ve decided to move the whole of my small SIPP (below £100k) with HL into Drawdown & take the 25% tax free lump sum. I don’t need income so may or may not take ad hoc taxable sums afterwards. If I’m reading their guidance correctly, once in Drawdown account, I have to telephone to sell investments to realise cash for…
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Workplace pension vs Stocks/Shares ISA
Hi all, I'm a high rate tax payer in England. Obviously (like all of us here) I'd like the most bang for the buck. After having seen Martin's Live show about investing, I looked into Stocks/Shares ISAs. But then I did some research and I think putting any excess money into my workplace pension is still the best investment…
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DWP paid deceased pension into joint acount - advice needed
I'm caring for an elderly, recently widowed relative. DWP have continued paying her husbands pension into their joint account despite being informed of the death. They're now asking for over £600 back which would wipe out a large chunk of her account as she doesn't have much. This lady is struggling with confusion and…
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TFLS from workplace still paying in
Hi all. Still employed still salary sacrificing every month into an Aviva workplace pension. Is it possible to take TFLS from this and carry on paying into it monthly as normal? I will not be wanting to drawdown any cash, just the 25%
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Moving pension pots for the best annuity
My wife will retire in 6 months time. She has two private pensions, so needs to make some decisions. She wants to take them both as annuities, as an inheritance has removed the need for any lump sum, and she dislikes the risk of drawing down from a finite pot. I realise that draw-down might well mean more money, but she'd…
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Gilt ladder in SIPP - some not availiable gilts in platform
I am researching setting up a conventional gilt laddder inside my SIPP (as an alternative to taking a joint lifetime annuity). I have been using the excellent tool at https://lategenxer.streamlit.app/Gilt_Ladder. Unfortunately when looking at the individual gilts needed to implement my selected choice of income, some seem…
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