-
pension annuity help
my husband is looking at retiring mar 07 ( age 60) we have an amount of approx £100k through various policies, and advisor is talking about annuities ( my husband wants it so that should either die the other is covered) any ideas of best place for this money. Also will have rent from a building we own do this won't be our…
-
Annuities - can transfer to wife?
my dad is accumulating a pension pot in his name, so can he purchase an annuity for my mum and not himself (sole life only)? The pension pot is being accumulated in his name, so does this restrict him to purchasing an annuity for his life only or joint for him & my mum? For a number of reasons, guaranteeing an income for…
-
Suggesting vendors, services and products
EdInvestor, please quote from and provide the link to a forum rule which prohibits consumers from recommending specific products, services (free or for-fee) or vendors. What would be wrong is for a consumer to blindly promote a specific vendor without consideration of whether that vendor was appropriate and offering a…
-
tivial pension worthwhile ?
Im 54 and self-employed. The only pension I will receive will be from the state. If I take out a private pension e.g. a stakeholder, before April, is there a limit to how much I could invest this tax year (to avoid paying income tax)? I earn about 16k a year. I am leaving the U.K. in October so I will not earn enough from…
-
Pension - transfer from Natwest Life to Standard Life
I would like to transfer a Natwest Life pension fund to Standard Life. Natwest Life seems very inflexible in comparison to Standard Life and their historical fund performance isn't as good. Is it an easy process? Is it possible to do it without talking to financial adviser (so can I do it via their website & the post…
-
Help with the Pru
My FIL has an annuity with the Prudential and it appears that they have been taxing him at 22%. He receives £200 a monthe from it before tax and his only other income is his state pension. So I think he really shouldnt be paying tax. He is 82 and it is causing him a lot of stress so I have been phoning Pru all morning for…
-
will need to get a pension
hi everyone, i'm nearly 35 years old and have very little pension arrangements made..i have a company pension that is frozen and nontransferrable with scottish equitable and i have a very small personal pension with them also which is held in the no risk catagory i pay a token£50 a month into this ...i really need to get…
-
Pension - transfer from Natwest Life to Standard Life
I would like to transfer a Natwest Life pension fund to Standard Life. Natwest Life seems very inflexible in comparison to Standard Life and their historical fund performance isn't as good. Is it an easy process? Is it possible to do it without talking to financial adviser (so can I do it via their website & the post…
-
Contributions from my previous employment
About 5 years ago I left my previous employer who I was with for 6 years. During that period I contributed a percentage of my salary and my employer did likewise to a pension providor. I think it's called a purchase pension or something like that. When I started with my new employer a year later, I entered into the same…
-
SIPPDeal Extra charges
Hi, I just signed up for sippdeal extra with a selftrade account. So far so good - they are very responsive with email communication. One minor complaint is that their quarterly charge is not pro-rata for your first quarter (presumably your last as well) - meaning that you pay the full quarter's fee whether you join 1-Jan…
-
Only 10-12 years to retirement and only basic pension. What to do?
I am 54. I plan to retire at 65 (70 if I find that this is possible). Therefore, I have only between 10 and 15 years until retirement. I am self-employed. I will have a full state pension but I have only another £1000 a year on top of this from a teaching pension left over from contributions made at the start of my working…
-
Pension help
I am a bit confused here as to which of my pensions is doing the best. I have a final salary pension of 25/60ths from a previous employer. I Left 6 years ago. I also had an AVC currently worth £788 - bonuses added since 2003 =0% I worked on a contract for 6 months where my employer contibuted to a scheme with Aviva. This…
-
teachers pension
I'm 50 now and have been teaching since 1989 although only paid full pension dues since 1991. Before that worked for local authority and then had kids. My health isn't brilliant and I don't think that I'll be able to continue my present job for another 10 yrs. I'm off sick at the moment with a chest infection. What should…
-
Spouses pension advice needed
My dad recently passed away aged 59. He had a couple of private pension funds which are due to pay lump sums to my mum (one £9k, other £6K). One of the pension companys sent a form to notify the HMRC of this. Does this mean she is going to be taxed on the lump sums (is she going to lose 22% of the lump sums)? if so is…
-
Applying for ill health retirement
Has anyone applied for IH retirement ,been turned down appealed and been turned down a second time? What sort of time scale would be involved in this situation? If this happened would you have the option of returning to your job or would you lose your job and have to claim incapcity benefit? thanks AC89
-
Advice required on pension / taxes
Hi, I have just started working for a small company (10 employees) which doesn't have any pension plan. I am 23yo and want to start one. I am French, and obviously don't know yet were I am going to retire but I don't plan to go back to France... There are 2 possibilities: - My boss told me that they can hire me as…
-
Options if you cannot afford a Private pension.?.
Just thinking out loud really but what options do people have if they cannot afford to invest a percentage of their salary into a pension scheme. We (some pals and I) were talking about pensions earlier and it became apparent that I was the only one out of the 4 of us present that actually invests for my retirement.The…
-
Change to my company pension
Hi can anyone give some advice, the company pension I have is increasing its contributions to make up short fall.The employee has a choice increase by 3% to keep 1/60ths or leave it as it is for 1/80th.I have 30 years left should I increase or invest the 3% into savings,the pension is final salary. Thank you:
-
How can I get money out of pension?
My heart sinks when I see threads with titles like this and they seem to be making up a larger proportion of the threads posted. Isn't it time there was a sticky to make it perfectly clear that once a sum of money has been paid into a pension generally doesn't see the light of day again until retirement or death? Is this…
-
opt-out of serps or back in
I Started A Pruduntial Private Pension In 1988 Aged 21,at The Time I Was Advised To Opt-out Of Serps Which I Did.i Carried On Paying £45-£65 A Month Until About 2 Years Ago When I Froze It.now I Have Received A Letter Advising Me That The Best Thing To Do Is Opt Back In To Serps.i Plan To Retire Early So What Would The…
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
638 discussions
5.6K comments
Most recent: Missing the Callback from The Future Pension Centre regarding NI gaps? by SpanishBlue
Today at 7:02PM
