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New State Pension Query
I would be most grateful for thoughts on this please. I was listening to a WHICH podcast today where they referred to people born in certain years having to wait a bit longer than age 66 to receive their state pension. I am one of those, having been born in July 1960. The podcast was giving examples saying if you were born…
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Pensions and Claiming Benefits
Hello all, Newbie forumite here, so please go easy with me. I’m currently in my 50’s and claiming benefits as a disabled person. My question is, can I start a pension and contribute to it whilst claiming these benefits? Any information and advice that could be imparted, to help me understand what I can and cannot do under…
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Workplace pension and tax year of contributions
I salary sacrifice into a workplace pension with Aviva. I'm paid and get payslip at the end of the month, but the pension payment is normally credited to my pension a couple of weeks later. For my march salary paid in march 2026, if the pension contribution doesn't reach Aviva until after 6th April, does it count as a…
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A couple of questions
My mum is 75 and had kids in 77, 82 and 84, she did not work during this period and claimed child benefit. She retired several years ago but isnt in receipt of a full pension. So possibly has a claim. There are however some added complexities, which might explain the reduction she recieves. 1) She emigrated to the USA in…
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Qualifying NI years for full new state pension
My wife will be able to claim her new state pension from June 2035. She currently has 27 full years of NI contributions shown on her personal tax account online. It also says she needs to contribute another 10 years (as shown below). However, that will bring her qualifying years up to 27. When I search online I see that…
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Dreadful returns and dreadful service from Best Invest SIPP. Alternatives?
I am 79 with around £75k in a SIPP with Best Invest. The service is dreadful with them seldom replying to emails and the return is awful - just over 1% in the last year and only 2.8% pa over the last 5 years, when the stock market went up 13%. Can anyone suggest a better provider?
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Exclusion from workplace pension in 1990s
hi everyone My female partner worked for a private company in 1990s and was told that women couldn’t join the pension scheme. She never filled in any forms either to join or opt out but I’ve just read that that was made illegal in 1970s. She’s 62 now and getting prepared for retirement and my question is - is there…
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Clerical Medical Pension moved my funds without my consent
In 2019 part of my pension funds with profits was moved out of my fund against my wishes or consent as I had reached normal retirement age-in this case, 60 years old. They claim they wrote to me informing me that if I did not respond to their letter, which I never received they would switch my funds to a cash account.…
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New Job means new Pension
New job so I've been enrolled in a new pensions scheme: Smart Pension Don't know too much about this company so currently digging into them but I have a choice of investment funds and looking at people's thoughts. I do like higher risk as I'm 25 years away from retirement so plenty time for peeks and troughs. Can also…
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USS DB Pension - claim early while working?
I will get my USS Pension in September 2027 - no option to defer, and my state pension two years later, at 67. I've recently found out that I can claim the DB pension early. I've done a few projections on their online calculator to get an idea what I can get at 65, 64 and 63 (I'm almost 63.5 now). If I had claimed at 63,…
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Advice for changing a new sipp and Isa platform
Thank you very much in advance! I have invested a sipp with one platform valued about 200000 pounds, but I would like to stop it as its charges or fees, and invest a new sipp with another platform such as trading 212, investengine, IG, can I just stop investing with the present platform before April, directly apply and…
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Moved: Ground source heat pump
This discussion has been moved.
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Gifting out of excess income re dc pension
I understand how to work out ‘excess income’ from a db pension, I guess if you are left with surplus money every month it’s quite simple and understand the rules about regular payments and keeping documentation but how do you work out ‘excess income’ when you basically have just a dc pot. Including State Pension I only…
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How many funds should I invest in a SIPP?
Currently switching my wife's and my pension from Nest to a SIPP with Interactive Investor. How many funds would be the right amount to split it between? We have around 800k in total.
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Civil Service Premium & Alpha scheme member
Hi, I have been in the Civil Service since 11/2004 and was originally in the Premium scheme but was transferred into the Alpha scheme. Like others I’m tied up in the McCloud judgement. I turned 60 in July 25 and so have 3 options, continue working, part retire or continue working. I also at 60 started to receive a private…
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65. Am I going about this correctly?
Retired 5 years ago at 60. Since then I've been making UFPLS annual withdrawals from my private pension, got about £290K left in that and savings/investments amounting to around £450K. This year I get my USS (Universities Superannuation Scheme) pension and, later, my state pension (£12K per year). I'm going to take the…
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I don't believe what HMRC have told me!
Please forgive me if this has been asked before, but I can't find the relevant thread? Forget the increase in State Pension due in April and this has nothing to do with Income Tax but I recently found that the "full" pension should be £230.25 per week currently. I have been getting £207.50 yet have paid 42 "Full" years NI…
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Pension, is this legal?
Ok the figures i am going to post are mine, the scenario described is real, the advice is for me. I worked as a coach driver for a well known "national" company the company i was employed by was a 3rd party operator. This last 18mth the national company have been struggling financially and have been selling of various…
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Scottish Widows
Afternoon all, I'm looking for some basic advice please, I appreciate none of which will be Regulated but I'm looking to confirm my understanding and by association want to understand what Scottish Widows (SW) has done recently to determine the risk based on that knowledge. Apoligies in advance for a long winded initial…
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How to plan for arrival of 6-figure sum when deceased parents’ house is sold.
Hi all, apologies in advance for the waffle. I’m 53, married, with no children or debts. I’ve worked in local government for 25 years and earn about £36K. I’m in the LGPS and also contribute monthly to a SIPP. My wife, who is five years younger, works freelance, earns £20–25K, has limited savings, and contributes a small…
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
751 discussions
6.5K comments
Most recent: Guide discussion: Voluntary n… by Haydn_T
22 July at 9:34AM
