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Please delete
Apologies.
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Top up or leave alone
Hi I am 50 years old. i work in Germany and pay my taxes there. I have two pensions that are classed as 'paid up. One is valued 31/03/13 @ £54K paying a potential £2490.00 yearly pension at 65. Aegon Fund: Universal Bal Col. Second is with Thales UK Pension Scheme - preserved pension Valued Feb 2013 £15,455 yearly pension.…
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Local Government Pension Scheme-extra contributions
Some advise please. My partner (52 next b/day) works at a school (£18000pa) and pays into the LGPS. She wants to bolster her retirement benefits , is it worth paying extra into this or would it be better to save elsewhere? Thank you.
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Employer Has Changed Pension Plan
Hi all, I after some very generic pension advice. 5 years ago I signed up to the work Group Pension Plan which was with Prudential. My employer and I paid in 6% of salary to the Prudential Stakeholder/GPP during this period, however my work has just discontinued it and set up a new Stakeholder pension with Zurich this…
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Merging pensions
I currently have four pensions ranging in value from £2k to around £15k that I have accumulated over the years. One of my old pensions is winding down and I received a letter saying that I need to invest it somewhere else. This promoted me to think that I should be tidying things up and merging my pensions. So I think my…
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MSE News: 'Rip-off' pension charges targeted by Government
"The Government is considering banning all pension charges above 0.75% a year..." Read the full story: 'Rip-off' pension charges targeted by Government Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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cold called by avacade???
I've been cold called by avacade it seemed ok ? But read everyones comments and cancelled the report the guy wasn't happy and im worried cause I disclosed my NI number im so stupid but it seemed so legitimate i would usually never be that daft. Did I do the right thing cancelling it?? Help!
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Locking in my Nuvos pension
I've been in the civil service about nine months, and there is the possibility of redundancies where I work. I realise that if I leave within 2 years, my contributions would normally be refunded to me. I'd rather keep the money in Nuvos. Is there any way that I can lock it in? Perhaps by buying some additional pension? I'd…
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Pension/Retirement planning - 5 years to go
Ok, well having focussed so hard on sorting out my GMP situation with my Barclays FS pension for the last few months I've now realised that I've got more planning to do, and, having thought through it a bit, I realise that I'm really not sure what I should do for the best. Here is my situation: I'm a male age 59, taking my…
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Prudential AVC proposed fund transfers to Hong Kong
I have a Teachers' AVC with Prudential. I have not yet converted it into an annuity, although my default retirement was over 10 years ago. Recently I have received a letter and booklet from Prudential explaining that by the end of the year it was proposed to transfer some of their business to Hong Kong. This would result…
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Can someone explain Transfer Value Increases?
Since posting my pension dilemas a couple of months ago http://forums.moneysavingexpert.com/showthread.php?t=4689393&highlight= and receiving some useful advice, I have spent a lot of time researching the options and best ways of taking my pension now. What I didn't realise was that the Transfer Value has shot up quite…
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Avoiding the annuity trap
I'd like to save something towards my old age, but it seems like a traditional pension is a wild goose chase. When I get to retirement, I'd be forced to choose between buying an annuity at a stupidly low rate (as in I'd actually lose money after inflation), or drawing it down so slowly (capped drawdown) that I'd not only…
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Royal London
Does anyone know why the value of my annual pension dividend has gone down over the last couple of years. I've been paying into it for 22 years.:eek:
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Getting your paws on your OHs pension/retirement plan after divorce
It'll be pretty obvious which thread has sparked this wonderment in my mind, but all the same, it made me think.... Maybe i'm looking at the smaller picture here, but isn't this sort of thing just plain wrong? I'm not asking is it legal or can it be done, because clearly it happens, but just because something is legal…
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Pension rip-off? Advice please
My husband was self employed and started a personal pension plan with Allied Dunbar back in the '80s. After nearly 2 years circumstances dictated that he couldn't continue so phoned and said he wanted to cancel it and stopped the direct debit. Time passed and he reached retirement age and got in touch with the company to…
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Pension Contribution when self employed
I have just registered as self employed but do not expect my earnings to be that high this tax year. I know that when I had no income before I could pay £2880 into my pension as the personal allowance. Now that I am self employed can I pay into my pension the sum equal to my total earnings before expenses, or is it the sum…
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Uss
From time to time I have commented here that the financial position of the Universities Superannuation Scheme leaves a bit to be desired. I have been pooh-poohed. And yet: http://www.bbc.co.uk/news/education-24657049 A Defined Benefits scheme that thrives is a wonderful thing, but one that's in difficulties is a horror…
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Teachers ill heath retirement - HELP can I apply??
Hi All I don't know if anyone can help - don't want to depress people either:eek:, I am a cheerful person most of the time :j - you will understand why I say that when you read on. After recovering from cancer last year I returned to work quite rapidly - no probs - ok probably a bit tooo soon - some after effects but…
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Transfer between pension account
Dear all, My company has stopped using legal & general about 4 years ago and start a new group pension account with Scottish widows. So I have a pension account with L&G without monthly contribution and a pension account with SW with monthly contribution. The performance of SW is not good. I would like to transfer the…
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HELP! 21 year old without a Pension
Morning! I'm new to the forums so first of all Hello Money Saving Experts :beer: First of all i'll give you an overview of my Situation i'm a 21 year old Young Professional working as an IT Technician. I'm on a salary of £15k. I had a nasty time of unfair dismissal with my last employers but took it up and came out on top!…