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Stakeholder Pension transfer
Hello all, thanks for reading this, I've got a stakeholder pension worth around £100k, I'd like to transfer it to a flexible pension where I won't get charged 3% foir taking the tax free drawdown and can set how much I recieve each month after. My intention is to transfer it in October 2025 and leave it there for a year.
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AVC pension advice
Hello, I'm trying to add AVC to my local government pension but it's asking me whether I want to use Prudential or Standard Life and with each choice is a big list of contribution types. How can I work out which one is best for me? Do I need to pay for a financial advisor? My work have stated they can't advise me. Thank…
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NEST and People's Pension - no UK option
I've looked through both NEST and The People's Pension and can't find anywhere the option for a UK tracker or UK investment option. Am i missing something, surely this should be an option? The reason for looking is that the Global funds option is obviously very heavily weighted to the US, and particularly to a small number…
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Transfer ex employers DC to Personal Sipp.
Is it possible to Transfer ex employers DC to existing and only recently started rbs/aka Coutts Sipp. I've been hesitant as LFS Equities seem to be in upwards trajectory yet Diversified growth lags behind though still upwards. Meanwhile rbs Sipp seems to be decent start 9%. If it's possible how much Risk is there to…
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Sect 32 annuity options advice please - RESOLVED
I will be 65 in September 2025 and have a Sect 32 pension with Aviva I want to draw on then. They've provided information recently with forms to complete and comments about options, some of which it tells me aren't available, may be available or that I should seek advice on. I spoke to an adviser from Pense who said they…
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Pay extra on mortgage or into a pension
Before I start, I know nothing about pensions :# . Ask me about mortgages and I have some idea! I'm 45, currently looking to remortgage to a lower interest rate. I'm paying about £100 extra off my mortgage which leaves me tight but I'm thinking of the end goal. Term of new mortgage will be 25 years. I am self employed and…
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NHS Pension 1995 Scheme - Taking benefits at 50
Hello Forumites! Having read various other threads on the 1995 NHS Pension scheme and taking benefits early, I can relate to the lack of information and frustrations of not being able to access information. My issue is as follows. I have taken my 1995 scheme benefits early at 50 and have received an award notification…
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Pension Calculation
Morning all, My wife is going to be retiring aged 55 in October this year (I am already retired). She will have a small NHS pension of around £4000 per year and she won't be taking the tax free lump sum (I don't think as it's only £12 per £1 that she commutes). She also has a SIPP that she will draw down from. Our goal is…
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Does the £85k FCSC Limit Apply to Pensions?
I'm self employed and have a private pension with PensionBee. Should I keep my pension pot below £85k and invest in a new pension with a different provider to ensure it's all protected, or does the £85k limit not apply to pensions?
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Best pension to transfer to
I currently have a couple of old frozen pensions that only allow the option of buying an anuity, an advisor has recomended take out a pension that allows draw down and other withdrawal options and transfer these to it, I still contribute to a company scheme so don't want to make any regular payments to this new pension.…
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State pension amount
Hi, I'm 70 next month, married for 40 years, and started receiving my state pension in June 2021. I actually retired at the end of March 2017, after 42 years in local government. Looking at my NI record on HMRC website, it says full year contributions for every year since 1975 ( and 4 years prior to that ) I'm was just…
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Pension
I have a work place pension with Scottish Widow, Would anyone mind sharing what is the average expected return (low, medium, high)? and fees they pay platform and fund manager fees, please?
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Nest Sharia fund or 2040
I am currently with the nest Sharia fund which is taking a bit of.a beating as with all investments at the moment. I know that you only lose or realise the loss when you sell your shares. So far I’ve been holding on and hoping it starts going up the same as everyone with their investments. so far it’s dropped from 72k to…
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CS Added Pension and AVCS
Does anyone have experience of buying both Added Pension and AVCS under the civil service pension scheme? I have been purchasing Added Pension for a few years but a few months ago decided to split my contributions with AVCS. Deductions have been made as instructed. However, I’ve just seen on this link that it seems you can…
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Local Government Pension into NHS?
Hi All We are really struggling to understand what we should do for the best here, my OH worked at a local school and was part of the local government pension scheme (in Wales) and left there to join the NHS We have managed to get the transfer value from the NSH so we have navigated this far, problem is we dont really…
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Anyone with any experience of MP Estate planning?
I've been talking with MP Estate Planning (Bristol) and wonder if anyone has any experience of dealing with them and fundamentally - does their scheme work? They have a fairly active presence on YouTube fronted by Mike Pugh and are offering what appears to be a very attractive scheme - putting your home into trust to avoid…
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Start pension at 55
I'm 55 and have no pension plan, recently received an inheritance of 100K and would like to use this for retirement. Would it be best to keep this as savings or start a pension?
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Query re pension income, salary, SIPP and HMRC
In March 2025 I accessed my 1995 NHS pension of £28k per annum. My salary is £65k. My total income is therefore £93k gross. I am still working and paying into the 2015 NHS pension scheme at a cost of £8,200 per annum. I had planned to make the pension income my first income and have the personal allowance moved to the…
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Inheritance Tax
With DC Pension Pots due to be in your estate and Inheritance tax in 2027, I'm not clear how the allowances work ? As I understand everyone has allowance of 325k plus 175k of house value = 500k Am I Correct in thinking that on first death of a married couple, the surviving spouse does not pay inheritance tax ? Also the…
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Advice needed: How to amalgamate pension pots
I'm reasonably financially savvy but pensions is a real blind spot for me. I'm 43 and I have always had a pension since I started work at 21. The past 10 years or so I have always put in more than my employer has matched. Currently I put in 7% and my employer puts in 5%. My pension is split between 4 pots. A tiny one I've…
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Most recent: Voluntary NI Contributions – What to Expect After Requesting a Callback by molerat
13 August at 7:57PM
