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Stakeholder Pension transfer?
I have resigned from my current job, and will probably be taking up a job overseas. My employer and I have been paying into my stakeholder pension fund, but it has not been a particularly good investment, even though I have switched funds within the stakeholder company a few times. ( The website…
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Personal Pension "too small to purchase annuity"
I got home last night to find that my partner's dad is having a little financial tussle with the financial adviser that brought a group personal pension scheme to his old firm. The scenario is a steel firm in Yorkshire (so no financial experts!). The company decided to set up a group personal pension scheme and the…
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Deferred (State) pension help needed!
Hi, My mother-in-Law is due to retire in September, at which time she can start claiming both her state and Private pensions! Now, We have been discussing the relative merits of deferring her State pension in order to get a higher weekly payment later in life (Along with the lump sum). Now, Has anyone any experience of…
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hope i dont sound thick but...
when you are contracted out how much is contracted out each week
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SIPP - Maximum Contributions????
Does anybody know what the limit is for the maximum contributions in this tax year? I would like to set up a new SIPP and transfer in as much as I can ASAP. Is there an upper limit for employer's contributions? I have been told that the normal calculation is 17.5% of salary (I am under 35) but there are additional…
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Which employee Pension???
Hi I've recently changed employers and have been offered one of two pension schemes. These are: - Lifestyle Investment & Individual Investment. There isn't a huge amount of detail attached to the Lifestyle Investment but the Individual Investment offers me the following options: - Investing a percentage in: - Adventurous…
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Starting Pension age 40, self employed
Which is the best pension to get in this situation. Which company should I go to?
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Government Pension Protection
Does anyone know about the new law that was brought in on 6th April (in laymans terms) that protects a company pension if the company goes under and there is a shortfall?? Tried to look it up on the net but was totally blinded with gobblydegook :confused:
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Care Home fees paid out of Savings annuity
I have an auntie who has recently gone into a care home due to Parkinsons and dementure, she has a house worth about £160k and pension funds of about £115k, do you know of a high immediate needs annuity type fund to put all this money to get the best rate but still have it pay out the £3k each month for the home fees
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Protected rights drawdown
At the moment it's very difficult (and may soon become impossible) to move a protected rights (contracted out) pension fund to a SIPP, so as to take income drawdown instead of an annuity. Does anyone know of a life company that offers a drawdown facility with reasonably low charges and a choice of decent funds for smaller…
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Messy pensions need sorting!?!
Hi I need some help with organising my pensions. I have just changed job and I am unable to join the company pension scheme for 12 months. After going through all my paper work I now realise what a mess all my pensions are anyway! Some how I have managed to gather over the last 13 years 4 different pension plans! All of…
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Salary Sacrifice
Hi my employer is suggesting that a future contribution increase to my final salary scheme may be funded by a "salary sacrifice" option. Anyone know what this means and what the advantages/disadvantages ? Kind regards,
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What do i look for in a pension?
:confused: Im currently 23 and self emplyed as a freelance director. I am now earning a little money after a year of hard slog and am looking at starting a pension - especially as the National Pension may not be worth waiting for when i retire. I have started to look at pensions but am just baffled by the range and what…
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Double EE's contributions but same benefits
My Pension Scheme is changing September 2005. The long and short of it is that my contributions are to double to retain the same benefits upon retirement. Would it be better for me to invest the extra contributions that I shall have to make in September into a Mini a cash ISA or remain with the Scheme?
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Pension help - IFA question
Hi, I am currently part of a company group personal pension schema which is with one of the major companies(ScotEq). We have been informed that the scheme is no long being offered due to a number of reasons and we are therefore switching over to another group of companies (Standard Life, Scottish Widows, etc). My funds are…
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Changed jobs - pension confusion...
Hi there :confused: TO AVOID ACTUAL COMPANIES I HAVE CAREFULLY GIVEN THEM MADE UP NAMES Here are my details if anyone could help me out - The numbers are pretty accurate. I am 46. I have 70K pot with Allied Zunbar as a personal pension - frozen 2 years ago. I have 40K with ZAXA as a Transferable Personal Pension... paid…
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Getting money out of pension
I have an executive pension plan for an old company that I used to own. This money is just sitting in the plan and I am experiencing severe financial difficulties so I could really do with accessing the money right now. The value of the fund is about £25,000. I am 39 now and the retirment date on the plan is 60. Is there…
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Pensions vs Savings
Crossing 2 topics here but is a pension still better than any savings account in the long term? My pension has seen a investment rate of only 0.5%, so obviously this is far lower than the savings accounts of today. I have not been able to pay into my pension or any savings account for years but are trying to free up some…
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Scottish Widows Stakeholder via Cavendish Online
I have read the article about Cavendish rebating commission, and I'm interested in transfering my own stakeholder pension to take advantage of this. Out of the schemes on offer through them I favour Scottish Widows, but how do I choose which fund to go with? Has anyone here used Cavendish, if so what was your experience?…
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FSAVC - Please help!
Hi everyone: I need some help. My wife (of 18 months) has had an FSAVC with Allied Dunbar for 8 years, now taken over by Zurich. My wife has recently been made redundant, and we'd like to stop paying into it for obvious reasons (£200/month). Clearly its also an ideal time to review it. My questions: 1) Should we be able to…