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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…
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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?
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State pension forecast changes
just saw this on the HMRC webpage. might be of interest
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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.…
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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…
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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?
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£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
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ReAssure (General Portfolio)
Just after a bit of guidance while I'm waiting for a pension wise appointment!! I started a pension with General Portfolio in the late 1980's, about the time of the big "opt out of SERPS" campaign. The rep promised £5000 a year at retirement for £40/mth, with yearly increases to the contributions so that I'm now paying…
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Old style with profits pension - should i move it?
Hello, i have an old style company with profits pension thats not accessible online. I have the chance to move it into a new scheme (at no cost) with similar risk but supposedly better returns & lower charges but don't know if its a good idea. I'm about 5 years from needing to access it. I have a reasonable amount saved in…
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Transferring to a SIPP - fund in one go or several chunks?
I've opened a SIPP and will be transferring in a personal pension. It will have to be a cash rather than an in-specie transfer. It's unclear exactly how long I will be out of the market, but a couple of weeks looks like a fair estimate. I thought doing this as say 4x separate chunks would help smooth out any market dips or…
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Pension Transfer. Time Out of Market.
Imagine you are transferring one SIPP to another. Clearly the whole process could take quite a varied amount of time. Especially at the moment! But what about the actual gap where you are not in the market? The old SIPP provider sells your funds and turns them into cash. This is then transferred to the new provider and…
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Unsure if this is good or not
Im 56 years old with a very small DB pension which I paid into for only 18 months. My Main pension which Im not touching till I am of retirement age is separate. I earn approx £15k a year in interest and no other income due to early retirement (self funded no pensions taken) My Small DB pension has given me the following…
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Pension drawdown
I would be very grateful if someone could help. I am about to begin taking money from my Bestinvest SIPP (first ever drawdown). I wanted to take a UFPLS of £16760 in order to make best use of my tax free allowance so that the full amount would be tax free (I will have no other income this tax year). Bestinvest informs me…
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Financial Advisor Planning to Move to New SIPP Platform?
My wife had her annual SIPP review meeting with her financial advisor. The company are considering moving her SIPP from AJ Bell to Soderberg. They claim that Soderberg has outperformed AJ Bell, but he also disclosed that Soderberg have made a small investment in their company. We have not heard of Soderberg, is moving…
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45,000 open pension / pay off mortgage / or money in cash ISA?
I'm self-employed (since 2012), 56 years old and have £31,000 left on my mortgage (approx £671/month until May 2030). I've been paying £200/month into a savings account since I went freelance and realise I'm probably missing out on tax breaks and better interest by doing so. I've accumulated £45,000 (I started off with…
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UK Government Bonds on Fidelity
I'm (hopefully) within 2 years of retirement, so looking to de-risk, and government bonds are an option I'm considering. I have a SIPP with Fidelity, but can't find gilts on their platform (google search hasn't helped) Does anyone know if Fidelity supports gilts? How to find them? Thanks
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Civil Service Pensions scandal: Loans offered as thousands hit by outrageous payment delays
Thousands of newly-retired civil servants forced into financial hardship as a result of outrageous delays receiving their pensions have only now been offered loans to bridge the gap – a move deemed "too little, too late" by some. Many impacted say they've been struggling to pay bills for MONTHS following what's been…
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State Pension -HMRC system update on 13 Feb
Morning all checking my wife state pension forecast and it shows the below - You can get your State Pension on xxx 2034 Your forecast is £230.25 a week, £1,001.18 a month, £12,014.12 a year Your forecast is not a guarantee and is based on the current law is based on your National Insurance record up to 5 April 2025 does…
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Work pension acceptance for under 22 year olds
After reading the related articles on workplace pensions for the under 22s, I am wondering if there is any legal legislation or document I could refer my employer to? We have some apprentices who are under the age of 22, been employed for over a year and earning well above the minimum earnings for acceptance. The company…
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Royal London GPP - Entire pension re-invested into higher risk fund without consutation.
Hi all. Quite a long post, so please bear with me (I also have to spread this over multiple posts as I only seem to be able to add one image per post.! Before giving Royal London a call (which I don't feel hopeful about getting a sensible answer out of), I was wondering if some of the pension experts on here can explain to…
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Most recent: State Pension Forecast and Buying Years by DRS1
20 February at 8:13PM
