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Pension Options?
I'm fortunate to be in a public sector index linked final salary scheme. I am also buying my maximum added years and invest in an in-house AVC run by Scots Widows. All of the above costs me 7.5 % of my salary. I would like to invest a further £50 or so a month in pension provison but am reluctant to increase the AVCs…
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Too Much info and getting confused
Hi. A little about me. I am 28 and started my stakeholder (with Virgin) at 25. With the recent news reports and coverage about pensions it made me look for info. I came accross this site. I am not good with this type of thing and find it difficult to make sense of all the info and different reports that are about. I was…
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Getting a second pension
I have a pension with my current employer but wanted to start another one, my bank HSBC said I can’t have a stakeholder pension with a work pension, is this information correct? If it is, then what about getting a private pension in another European country, I have dual citizenship with two European countries. Thanks in…
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Pension-How much to contribute
I heard on the news yesterday that a person aged 30 should be contributing 15% of their income into a pension. Is there anything official to support this and if so is there a table to show how much you should contribute at other ages. Thank you :)
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In or Out - I need help!
Hi I have had a personal pension with Scottish Widows now for about 8 years and have been paying £60 a month since it started (I was supposed to increase this as time went on but that didn't happen). I was advised to opt out of SERPS. If I stop paying into the pension (as it really is going nowhere and I'm now 37) is it…
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Pension for self employed
??? Hi everyone. I'm self employed and would like to start a pension, I have had two pensions previously, one with an employer and one with COOP (both only for five years) Is there a specific pension scheme for self employed or can we take out any, and if so which is best. I know these are silly nad simple questions, but I…
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?NHS Superann. Scheme
Is it true that I dont have to buy an annuity with my Superannuation lump sum?? Thanks Ian
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Scottish Equitable
My Wife currently has a frozen company pension with Scottish Equitable.She has the option to continue paying into this.But we can't decide whether to do this or to find a new provider. Personal pension or stakeholder??????Any thoughts?? Can anyone give me some advice regarding this? Many Thanks
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My daughters Stakeholder - Do I move it ?
Like most parents we want to give our daughter every chance in later life including an early start on her pension. We took out a Stakeholder pension in my wife's name for our daughter when she was two weeks old. However, we have been reviewing our situation and I wonder whether the Stakeholder is best held in my wife's…
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Alternatives to a pension?
I don't have a pension currently, at least not since i left my last company 5 1/2 years ago. My current company offers one but it didn't seem a great thing to do 5 1/2 years ago. I currently put some money into a savings account each month but this is not enough. Are there straight alternatives to pensions without…
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What Pension? Stakeholder or ... ?
Hey Everyone! I gave up my job early this year due to ill health. I had a pension with the company I worked for which I had to stop paying into and am currently only on for a state pension when I ultimately retire. Can anyone suggest what I should do - I don't want to retire on just a stake holder pension and not much…
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Payment of NI rebates
Just found this out today.. National Insurance contribtuion rebates to 'approved' personal and stakeholder pension plans are paid by BACS payment! I had thought that insurance companies might have been informed days or weeks in advance of a set of payments of NI reabate before these were recieved [as when groups of staff…
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Group Company Pensions
Hi I don't know if anyone can help with this. My curiosity has been roused from reading some posts on another thread, however, I thought it worthwhile to start a new thread for this. My company has recently changed company pension provider from Legal and General to Scottish Equitable. The management charges with L&G were…
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How do you get the best annuity
Hi! I ,m 58 years old and I have 4 frozen pensions. I get an anual prediction of what the pensions will produce when I,m 60 or 65, it,s a pittance. How do I find out who will give me the best deal?
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Personal pension or AVC - Please Help
:-/I am 32 and work part-time. I am in the Local Government Pension Scheme. I just got my pension benefit statment and it has frightened me! At the moment I would only get 3,396 per year. Should I take advantage of AVC or should I take out a with profits personal plan? I am not sure but I think the company pension is final…
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stakeholder advice needed!!
I have just found out (after living in the dark ages) that my employer , who is a financial adviser no less, should have offered me and my collegues a stakeholder pension. We are not exempt and I have told him on numerous occasions that I would like a pension. To add insult to injury. He was the person who set up my…
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Pension Question
My partner has recently started working in a school in Wigan and as a result was automatically entered into "Greater Manchester Pension Fund" . Now I'm not complaining that he's been put in it BUT it takes 6% of his earnings, paypacket for September showed a cost of £98 in pension contributions. NOw, there is an option to…
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SIPP or a stakeholder?
Considering pensions (if you have one) are one of the largest investments you will make in your life (maybe after your house), its essential to get your pension correct, for whats best for you. We/most all spend ages looking for discount codes, coupons etc, but yet the biggest savings and gains after debts and savings can…
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Stakeholder for wife and me - Yes or No?
Hi, I am a 52 yr old retired schoolteacher with an associated teacher's pension, my wife would receive 50% of my pension should I die. My 50 yr old wife has cared for our family and has never paid into the government or private pension schemes. My wife and I have invested the max amounts permissible in TESSAs, PEPs and…
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Best Stakeholder Pension for 5yr old?
I know he won't thank me for it for another 50years, but I've decided to take out a stakeholder pension for my 5 yr old. Probably put in £20 a month. Anyone suggest a good provider for this scenario?