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So, are there any benefits to look forward to when I turn 50?
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LittleVoice wrote: »Can you quote the wording in the leaflet and the leaflet reference code, please?For every 14,000 women screened regularly for 10 years, one woman may develop breast cancer she will die from because of the radiation from the mammograms.0
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For every 14,000 women screened regularly for 10 years, one woman may develop breast cancer she will die from because of the radiation from the mammograms.
Or she may not......................I'm smiling because I have no idea what's going on ...:)
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Nothing whatsoever, and your mistaken about private pension, sorry but legislation at the moment is that you cant take
lump sums/pensions till age 55
I'm sorry, you're wrong about that. My husband took his private pension at 50 on the advice of our IFA. I think you'll find the rules changed a few years ago.0 -
I'm sorry, you're wrong about that. My husband took his private pension at 50 on the advice of our IFA. I think you'll find the rules changed a few years ago.
There may be some confusion here. I have a couple of private pensions I've taken out with the companies i've worked for and cannot touch them till i'm 60 however I also have a final salary pension which can be accessed from 50 onwards (although this means I lose a percentage of the benefits for each year I take it early).0 -
septemberblues wrote: »I have to be honest, being over 50 does not entitle you to anything, in fact they keep putting up the retirement age (was 60, then 65, now 66)so I reckon I will be 85 when I retire. Over 60s used to get free bus pass and free prescriptions, but not any more.
So, no, there is nothing good to look forward to when you reach 50 :eek:0 -
There may be some confusion here. I have a couple of private pensions I've taken out with the companies i've worked for and cannot touch them till i'm 60 however I also have a final salary pension which can be accessed from 50 onwards (although this means I lose a percentage of the benefits for each year I take it early).
Here's an extract from a document on the HMRC/pensions website. There is more information in the document. Best to contact an independent financial adviser for advice relating to your particular circumstances. http://www.hmrc.gov.uk/pensionschemes/min-pen-age.pdfNormal Minimum Pension Age Increased to 55 from April[FONT=Arial,Arial][FONT=Arial,Arial]The normal minimum pension age increased from 50 to 55 from 6 April 2010. Since then, people are normally only allowed to start receiving their pension payments from a registered pension scheme when they are aged 55 or older. The exceptions are where they have health problems or they are allowed to start their pensions from a lower protected pension age under the pension tax rules (see glossary for more on this). [/FONT]
[FONT=Arial,Arial]If you are aged between 50 and 55 and started receiving your pension payments before 6 April 2010, this change to the normal minimum pension age does not affect the tax position of those payments. The Government is bringing in new legislation so that if you subsequently change your pension provider or the type of pension you receive, you can do so without incurring an extra tax charge. This legislation will be backdated to 6 April 2010. [/FONT]
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If you look old enough, you can go into OAP days at hairdressers and get a cheap one! Works for me :-(Clive0
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If you are travelling by train search for 'club 55' tickets, most of the companies seem to to be running it (not East Coast line).
I got an open return N/castle to Aberdeen for £42 instead of £95, had to split the ticket N/castle to Berwick then Berwick to Aberdeen but that was easy done, wasn't even asked for proof of age on the train.
Offer running till end of November I think.0
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