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Which S&P500 tracker
Within ii there’s the Vanguard S&P500 UCITS ETF and the UBS S&P500 Index C in terms of SIPP & Trading accounts is one of these better , what do the different letters in the names mean for the purpose of investing , I can google the terms but pretty meaningless still when would you choose one verses the other ? thanks
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Looking for an online-only pension
I'm really tired of dealing with my pension company over the phone, as it costs a bomb, takes for ever, has no paper trail and is horribly inefficient (the last thing I did with them took 3 months to sort out, for example). Does anyone know of any online-only providers I can move to? In the genre of Starling/Monzo banks,…
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LGPS AVC 25% TFLS calculation
Hi, A couple of questions if anyone can help: 1) I’m wondering if there’s a set calculation/multiplier for the overall value of the LGPS DB pot? Or does it value from scheme to scheme? 2) Secondly, I (42m) am heavily contributing to AVC’s at the moment but plan to scale back in a few years. If all goes to plan, my AVC pot…
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Addition of health details for Annuity triggers Underwriter referral
Was doing quite well with getting annuity quotes but today SW wanted to speak to wife about her health history (my pension, but joint life annuity being quoted for)... So rather than come back with quotes as in the last few days, I'm told it's being referred to underwriting. Now I always thought annuities to be the inverse…
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DOB on Prudential LGPS Pension and AVC incorrect by 10 years
I recently discovered when trying to log in to my Prudential LGPS Pension and AVC that my HR department gave them my DOB ??/??/1991 instead of ??/??/1981. Does this mean, if this isn't rectified by my employer and I stay working with them I will be able to access my Pension and AVC 10 years early or will there be…
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NHS Pension and Redundancy
It looks like there is a strong possibility of redundancy just around the corner. That's not all bad, I've been planning my bridging pension for some time. It looks like if it did happen any redundancy payment would be made in the current financial year and a very big chunk (I'm aware first 30k would be tax free) would be…
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move my pension to get drawn down ?
Hi All, Question any good ideas were i can move this to Details below My current provider only option is to move the whole thing in
or leave the whole thing out. My goal is to move the pension approx £50k and do a tax free drawdown of 25% leaving the remainer in. the pension is a personal penion [ defined
contribution]…
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Lane Clark & Peacock - Comments / Thoughts?
Hi.... Just posting to see if the more pension worldly wise people out there have any experience of the above? Was just logging into the Capita portal to re-run some quotes and there is a notice that as from 1 October 2025 my DB scheme administration will be transferring to Lane Clark & Peacock. I am considering taking my…
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Early retirement
Hi all! Hoping you may give me some ideas on whether it's worth taking some (a small lump sum) of my pension at 55 to clear a few debts (and save on interest) and then invest the sum into an investment. My teacher's pension is not going to earn anything sitting there as it ended a few years ago when I went self-employed.…
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Removing Financial Adviser From SIPP
I used a Financial Adviser (FA) to set up a SIPP. I've no intention of adding to it, nor taking any income from it for the next 5 to 10 years. I've been disappointed with the FA follow on service with no contact for nearly 2 years despite a contract promising an annual review. They charge 0.75% per year and I'm therefore…
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Can you salary sacrifice from my pension pot
I take a monthly payment from my pension just like a salary and pay a higher rate of tax on that money just like a salary. Can I by a car on a salary sacrifice scheme to buy a car from my pension payment? - just like a salary?
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Money Purchase Annual Allowance
Hi, I have triggered the MPAA due to taking a small DC pension in full. This now means that my tax relief allowance p.a. goes down from £60K to £10K. This seems a massive drop off, is it likely to be increased anytime? As I will have to pay tax over the £10K, is it worth saving less into the pension to mitigate the tax &…
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Use my personal allowance or not?
I have two big invested funds, a SIPP with around £860 k in , and a GIA account containing around £240k, which was made up from tax free cash released from my SIPP and some added inheritance.It also has Stocks and shares ISA's contained within. My withdrawals so far have been free of any income tax (as tax was already paid…
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Purchased Annuity v SIPP
I am looking to use £100,000 inheritance for retirement and was looking at Purchased life annuities. However, I am totally confused as I was told I need to pay for a financial advisor before I can even look at buying one. Are these worth it as I understand you are guaranteed income for the rest of your life? I have also…
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State pension amount
My wife and I both worked as teachers, and so paid a contracted out national insurance contribution. My wife gets a slightly smaller four weekly payment than I do. She has over 35 qualifying years. Some years were credits while she didn’t work due to looking after our young children. We don’t understand why her payment is…
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TFLS/PCLS recycling rules, clarification
Current position: Me: age 51 currently paying total salary into SIPP OH: age 50 currently paying c. 55% total of salary and SE earnings into SIPP. Both SIPPs are accessible at age 55 not 57. My original aim was for us both to take some of our TFLS as close to our 55th birthdays as possible, however I do not want either of…
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Civil Service Pension Confusion
I am struggling to understand why the modeller shows Classic lump sum less than the Alpha lump sum. How do you know which option to choose or doesn't it work like that? Do you get an option to select one or the other when you choose to retire?
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Considering an annuity with another provider. Is an IFA really needed to do this?
Having build up a pensions pot over the years with Clerical Medical (now part of Scottish Widows) and I am now at the point of needing to start a pension. I have spoken to an IFA who is pushing down a phased drawdown route via another provider and a whole series of fairly involved investments on a single platform they seem…
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37 years old - My current situation and savings/retirement plan
Hi, I wanted to make this post about the journey I've been on in the last 15 years and how throughout the journey there are many times where I've felt off-track and wondered when will be the day I can see that my saving/retirement planning is beginning to work for me. It is a long thread and is meant to help others who may…
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Private Medical Cover
I had AXA private medical cover through work, apparently I can continue that cover without having to declare any pre existing medical conditions. Anyone done that and have any views on whether it provides a useful discount over separate cover? I only used it twice when working but my creaking bones may need a little help…
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
715 discussions
6.3K comments
Most recent: Delays for P55 tax refund from HMRC by Fishingtime55
22 October at 8:39PM
