-
took advice on here and spoke to a Financial Advisor
posted a couple of times before and now had an initial meeting with an FA to discuss my pension - summary below and would appreciate comments, thoughts etc. I had a teams call with a company in Glasgow to offer some pension advice initially Very nice guys who for this first call, concentrated on my current pension compared…
-
Transferring an inherited pension to an Interactive Investor SIPP
Hello! I’m currently contemplating transferring an inherited pension I
currently hold in a SIPP with AJ Bell to Interactive Investor (II), as the total
value (approx. £260K) is such that the fees would work out lower with II. The slightly unusual situation is that I am under 55, and yet
the pension is accessible to me…
-
Struggling with additional pension contribution options
Hi all, I'm looking at additional pension contribution options for my partner, and I'm struggling with it. Some thoughts would be really helpful, particularly from those that have been here. I posted last year about standard or higher lump sum options when my partner, an NHS nurse now age 62, was thinking about partial…
-
Querying USS retirement quotations?
Do any of the USSers on the forum have experience of how best to query information from USS and actually have them engage with the query. Back in Feb 2025, when my institution opened a VSS, I asked for a retirement quotation for end of July 2025, which I did not take up. Now in January 2026, I asked for a quotation for…
-
International SIPP without a financial advisor?
I left the UK over 4 years ago now and live in Singapore. I've got £90k with the Pru, but no way to easily trade this, as any fund changes need to go via my FA. This is not ideal for me and I'd like to move the money over to an International SIPP. This is easy enough to do, but it seems like I have to pay for the privilege…
-
preparing for a Fixed Term Annuity
Hi all , You've all helped me over the passed few years more than you can imagine , so thanks for that in advance! I'm now preparing myself for the final run in, to buy a fixed term annuity at the end of the year. I have 3 pots with SW , some crystalised , some not crystalised both in same retirement account and a works…
-
Teachers DB pension and SIPP
I'm a teacher paying into the teacher DB pension. I also want to pay into a SIPP but the calculation of how much I can pay in before I exceed the Annual Allowance seems an absolute nightmare. All I need to know very roughly is if my teacher salary is around £27k, how much roughly can I pay in a year. Just don't want to get…
-
Royal London Governed Portfolio
Governed Portfolio Growth (B) vs GRIP 5 (A) - I would be very interested to hear your thoughts regarding the choice between having your pension funds in one or the other. they appear to be very similar? Why have these x2 very close variants?
-
Drawdown and Tax
My wife is looking to drawdown a lump sun prior to the end of this financial year. She is looking to take out about £17k The calculation is £17k - TFLS = £4250 Balance £12750 is equal to her personal allowance - and as she has not "earned" any money this year that should be tax free as well. We assume that Nest will treat…
-
Private pension calculation.
My relative has just retired, he will be 72 in May and pays 20% tax.. He has a small private pension which he has decided to take, showing a current valuation.£15545.00. The figures they have given are £3886.25 (tax free) leaving £11658.75 (75% to be taxed). They then show a figure of £3624.75 as tax to pay. Can anyone…
-
Paying £2880 into pension when retired
Jamesd wrote in another thread the following: "She can make £720 a year tax free by paying 2880 net into a pension, having it grossed up to 3600 then withdrawing it. Can only do the withdrawing part from age 55. Can only pay in for this until age 75." I have just retired at 60 and have transferred my DC pension to a new…
-
Another DB & DC pension question
Following on from my last post… I have ten years till I turn 60 and can access my Premium Civil Service pension and then need to wait until my state pension and Alpha pension to kick in (currently 67, I think). My working assumption is that I won't take the lump sum option (for my Civil Service pensions) given comments to…
-
Contacting Future Pensions Centre from Overseas
Hi All, Not sure if this has been asked before, I did a quick search, but apologies if this is old ground. Has anyone had any success contacting the Future Pensions Centre from overseas? Everytime I call using the +44 (0)191 218 3600 number, I get to the point of selecting English and then the line just goes silent, 10…
-
Tax code BR
If the tax code on one of my income streams for next tax year is BR (cumulative), and I want to withdraw my entire annual amount as one amount (about £35K), will this work and will I only pay 20% tax on the withdrawal?
-
Early-retirement wannabe
I would like to create a topic (don't see it at the moment - other than the NUMBER thread). Who is aiming for early retirement (or who has retired early already)? When did you begin planning and what drove the decision? What is the strategy for getting there? How much of a relative decline in income are you prepared to…
-
State pension forecast changes
just saw this on the HMRC webpage. might be of interest
-
PSA Pension
Hi guys I worked for the Property Services Agency (PSA) 1989-1999. I'm trying to find who now holds our pension. After privatisation I beleive Corillion took over. They are no longer in existance I've tried pension tracer, Civil Service pension, Pension protection fund all with no luck and not recognising my NI number.…
-
Please evaluate my investent/early retirement plans
I have just sold my house and have £190k equity, plus savings of £20,000. I'm 60 and can access a couple of small pensions which will give me tax free lump sums of just over £50,000 and a yearly income of £6,000 from now (DB pensions). I'm currently not working but expect to take on some freelance/part time work soon. I…
-
For a married couple with no children;
If one spouse dies and provided no use of their tax free allowance has been used, does the allowance then pass to the living partner totalling £65k for disposal on their death according to their will?
-
£2880 - Can I pay in twice at 74- different tax years
My wife has just turned 74 - We have just paid in this tax year - and want to pay the final year after April 2026. I assume its tax years that count but we would be paying in twice at 74
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
735 discussions
6.4K comments
Most recent: State Pension Forecast and Buying Years by molerat
Today at 3:31PM
