-
Divorce and voluntary pension sharing problem..
I wonder if anyone can help me. My ex wife and I have managed to divorce without using lawyers. The final obstacle is to share 50-50, my pension. I've asked the pension fund manager to simply transfer half my pension fund over to my ex's pension fund. ( Conveniently she has had her own pension fund with the same company…
-
Pension Newbies starting in our 40s - help!
My husband is 46 and I am 40. We currently have no pension provision (I know, I know). We've always just about scraped by with little cash left over for contents insurance let alone a pension (no, we still don't have contents insurance). However my husband's parents have just given us a cash gift of £45k, part of our…
-
Property rich, Cash poor
I would really like to enjoy my retirement but only have pension credit to live on. Is there any way I can get some money from my property (not sure about equity release!) without losing benefits. I would like to be able to leave my property to my children. What happens if I have to go into a home will they make me sell my…
-
Small pension fund question
My wife has recently left her part time position working for HMP.She worked there for about 8 years and in that time has built up a £1500 pension pot. She is 46.We are thinking about chashing in the fund and then investing the lump sum into S&S ISA's.We are not reliant on this money and have enough security for the long…
-
Should I warn her off?
My mum has recently told me she is thinking of taking out an equity release plan on her house so she can help my sister who is in financial difficulty right now. But should I be trying to warn her off? My mum is 75 and her house is worth about £140,000. Her argument is that it will all go to a nursing home one day anyway…
-
British Steel Widow's Pension
Hi Is it possible to cash in part of my widows pension? Thanks
-
H&L Share dealing charges in a SIPP
I want to make a personal pension contribution to my SIPP upto the £7,475 personal allowance before 5th April 2012 (limited time!). I believe the goverment will then add approx another 20% (even though I didn't pay any IT). I normally invest in Funds in my SIPP However, I would like to invest in Shares I wanted to compare…
-
my NPI pension pot nightmare: down 32 per cent in a year
I'm caught in a worrying situation regarding my pension pot in a group personal pension scheme with NPI. I had been contributing to the pension for several years before leaving the company in 2000, and have not added to the "pot" in all that time, leaving it invested in the scheme. I get annual statements on the value of…
-
Re joining a previous employer pension scheme
Hi, I worked for BT until 2000 when the work i did was outsourced to a private company, which i joined after being made redundant. I left my BT pension frozen and joined my new company's stakeholders pension. Now 12 years later BT has decided to take us back in house and we are being tuped over. I would like to if it's…
-
How much to pay each month, aged 28?
Hi I will very soon (end of next month the latest) become completely debt free yay, due to partner paying off last of my debt and me becoming more frugal. My next aim (rather ambitious) is to try and save at least £3 grand by this time next year plus pay for a couple of nice holidays to celebrate turning 30 next year. I…
-
Old pension resurfaced
Hello I have never really focused on pensions until now (i'm 47) and starting to look at what I have and what else I need to put in place. As part of this I tracked down an old contracted-out scheme that I started in 1989. I had just started work and signed up for it....I have never made any contributions into the scheme.…
-
Should I pay more in?
Hi, I really would appreciate some opinions on my situation; I am 47, full time employed. My employer pays 10% and me 5% into a Standard Life DC pension fund (£335 per month). This is spread accross 8 funds. This is valued at £12,400 (ish) at the moment. I have £52,000 in a SJP pension, invested in 4 of their funds. No…
-
Pension clutz!
Hi, just a couple of general questions re pensions please for a complete pension clutz! Up until last year I was working for a big company and prior to that, the civil service. I had been contributing to that work/company pension all-told for about 22 years (The civil service pension transferred with me under TUPE when I…
-
Pension query
I have just started a job and have been offered a company pension. I already have 3 other pensions from previous jobs and I am not sure what to do. Can I lump all 3 pensions into one so I only have one pension? Can I do this with the new company pension I have been offered? Or would I be better keeping the three pension I…
-
buy or rent sheltered housing
My 80 yr old mother wants to move to an easier access premise, the small town we live in has very few flats bungalows ec for sale. The present property is in my name and up for sale,I am now thinking of investing the sale money to hopefully cover the cost of renting a sheltered accomodation flat . Any advice on the best…
-
Is this the lowest pension ever?
How about this: a pension of 41 PENCE per YEAR!
-
Pensions... are they worth it?
Ok so heres my current scenario, 21 years old, no pension. Getting married in november, going to college in september to study catering. After 1 year get a job as a chef for 4-5 years meanwhile saving around 500 per month (6k per year) Open our own restaurant using 35k worth of savings (already have 5k squirrelled away) So…
-
State pension? How much does it increase by each year, approx? ££
How much does the full state pension increase/ incriment ££ upwards each year? as an approximate ? for example - it increases by £x amount each year
-
Living in retired independent living or the assisted living ?
Every single human being that lives in the world are like same i mean wherever you go in this whole world you will find people with different faces but the basic human nature is like same everywhere and every one thinks the same way but way is so that in eastern countries people do care of their elders and seniors and they…
-
closure of compnay pension
hi i need some quick advice please i am employed by a large friendly insurer ! may be not so Friendly society! with a final salary pension scheme any way two years ago they stopped new members, NOW they want or should i say ARE going to close it, i am attending a meeting tommorow with trustees etc, my question is what…