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Wealthify Drawdown - application process
Mrs GenX is attempting to drawdown from her Wealthify SIPP. In order to start drawdown you first have to complete a paper/pdf form and upload it back to Wealthify. The form provides options for: A) A tax free PCLS with options to drawdown later B) A lump sum now of 25% tax free and the remain 75% taxed C) A defined gross…
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SIPPs and gifting
I wish to regularly gift money to my adult children funded by withdrawals from my SIPP using UFPLS. Can these withdrawals be counted as “gifts from surplus income” according to HMRC’s gifting and inheritance tax rules? I had previously asked ChatGPT about this and it gave advice that only annuities counted as income from a…
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MSE Team Blog: Tricks to boost storage and improve the look of your home
Want to save on space and spruce up your house or flat? There are lots of nifty MoneySaving tricks to 'pimp your home' for less, from low-cost ways to make your bathroom sparkle to raising your bed to create storage space underneath. Folk at MSE Towers know a thing or two about making the most of a smaller pad - after all,…
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'Best' reward given for ISA selection
Hi there Is there a thread or article which consolidates all the offers on the market please? This springs from a Chase email where they are offering £100 for locking away a minimum of £1000 until next year. I'd love to compare with others. TIA
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Investment Planning
(moved from another board to here..) I hope this is the right place to ask for thoughts on how to plan my investments. I am trying to have a diverse asset allocation while keeping it simple (eg hold 2 funds) but at the same time not putting all my eggs in 1 (to 2) basket, but I feel I am going in circles. Background…
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Fuel costs and airline ticket prices
I've bought RyanAir tickets back in January for flights in late June. Can they legally add a surcharge if fuel costs remain high ?
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Pension Advisor would want £21,000 for a failed transfer
Company pension scheme suggested this chap. So far after two hour's chat I've established that: 1/ He is someone recommended by my complex company pension administrator (DC with DB underpin) because he has successfully transferred many pensions out of the scheme before whereas "other companies have had less success with…
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Entitled to receive compensation from Emirates?
Dear, my situation (Dutch native) is as follows: Last December, I flew from Amsterdam (AMS) to Male (MLE) with Emirates, with one stop in Dubai (DXB). EK0148 (AMS - DXB) was slightly delayed, but sufficiently in time to catch the intended connecting flight EK 656 to MLE which would depart at 2:30 am. EK0656 (DXB - MLE) was…
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Cheapest Telephone Landline Rental for Vulnerable Pensioner
Hello, I wonder if someone can give me guidance please. My mother-in-law who is very elderly and has recently been widowed after 63 years has had her rolling landline telephone contract increased by Northern Telecom from £27.25 in February 2026 to £28.02 in March 2026 and now £44.84 in April 2026. We have contacted…
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Door Knocker potential scams
I have just had someone knock on my door claiming that they work with "all 22 providers," but then only mentioned Scottish Power and Octopus. I am in an odd position as I got transferred from robin hood to British gas when the former went bankrupt and a special tariff that was set up that is cheaper than anything else…
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How accurate is MSE's Eligibility Checker?
Just wondering - if MSE's Eligibility Checker says "you are not eligible for this card" is that definitely the case, and if I apply for that card I would be rejected? Just curious, as I've been stoozing for many years and never been declined for a card yet, and yet the MSE checker reckons I'm ineligible for most of the…
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Recommendations for account to replace Tesco Clubcard Pay+ please
Hi all, As the above is sadly closing on the 26th April I need to find a suitable replacement. It was a perfect account for the purpose, you could only spend the amount in there and got Clubcard points for all spending. So ultimately looking for a similar new account, with a debit card where money can be added weekly to…
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Question about Lasting Power of Attorney
Hi all, hope someone can help! My parents are in the process of sorting Financial LPA's. Both me and my brother did ours last year. They can't afford to use a solicitor, though I didn't use one myself anyway. One question I have been unable to answer, or find the solution online, is this: If you tick the box that brings…
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Barclays Overdraft, a weird experience
How do, I'm half way through my debts defaulting through my self managed DMP plan, anyway given overdrafts take an age to go through the system I thought why not contact them? (I've deliberately not contacted loans etc. to get defaults quicker which seems to be working) After speaking to their collections debt, they seemed…
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PCP - Voluntary Termination Car Return Delay
I am after a bit of advice. I requested a voluntary termination on my PCP deal at the end of March and the organisation taking back my vehicle cannot inspect it until the 14th May. Due to no fault of my own, I have to keep this car taxed and insured for 6 week longer than it needs to be. Do I have any redress with the…
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What does "forecast" mean here?
On the Gov pension website, it says my retirement date is 2032. It has given me an amount, but is this the amount as per this years pension amount, or is this the amount the website thinks I will get in 2032? Thanks.
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Jaguar I-Pace Should I?
I’m looking at getting a Jaguar I-Pace (around a 2020 model in the £15–18k range) and wanted to get honest opinions from owners . do you actually recommend it, and is it still worth it today? Also curious how the battery and real-world range compares to newer EVs like BYD, which seem more efficient and newer tech-wise.…
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Volkswagen Finance
My daughter just had her claim rejected, didn't have such a scheme on her particular agreement!
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salary sacrifice to pension, and top up income from savings pot ?
Is it better to pension salary sacrifice your salary and make up your monthly income from a low interest savings to reduce income tax, or does the tax on pensions when you withdraw, cancel this out… I currently earn roughly £6200/month or gross £74,400 I already salary sacrifice ~ £200 holiday exchange, £720 / month into…
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Car plates cloned - PCNs received
My wife's car has had its VRN cloned onto another vehicle, and she has received 4 separate PCNs (including one from TfL for Blackwall tunnel), all within a few hours of each other on the same day, 1st April. The photos quite clearly show the car isn't hers because they are of a light silver/grey car, whereas hers is a dark…
