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IHT Planning
Does anybody on here have any experience on Bluebond IHT planning, looks good but does it do what it says on the tin?
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Cheapest Sipp: build yourself a low cost DIY pension article
This discussion relates to the Cheapest Sipp: build yourself a low cost DIY pension Article To discuss click reply
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Post April 2027, can people over 65 still transfer from a shares isa to a cash isa?
AI suggest they can … Can anyone confirm if this is correct?
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Results of Government consultation re IHT on pension pots today
https://www.gov.uk/government/publications/reforming-inheritance-tax-unused-pension-funds-and-death-benefits/inheritance-tax-on-unused-pension-funds-and-death-benefits#general-description-of-the-measure Key point of departure from original announcement, the liabilty has shifted from the pension scheme administrators across…
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Teacher's Pensions Transitional Protection Payment
Hello, I was just wondering if there was anyone here who has retired from teaching and have received their transitional protection payment. I returned my form nearly 6 months ago and have contacted TP asking if they were still on track to make the payments within the 6 month window they had allowed themselves. I have sent…
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Planning for retirement in 5 years while living overseas
I am sure elements of this are covered in many other threads, and I know I really need to speak to a financial advisor, but you guys have so much experience and good advice I thought I would throw the question in here. My current situation: I recently turned 56, debt free with no young dependents (my wife has her own…
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Should state pension be paid from the day of my 66th birthday?
My 66th birthday was April 6th this year. HMRC sent me a letter advising me of my state pension payments for the coming year: - £212.34 on May 11th (this is for the period May 6th to May 11th 2026) - £990.92 every 4 weeks starting from June 8th 2026 Is it correct/normal that should not receive any pension payments for the…
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Pension with both a deferred and Protected Rights section.
I have an old pension that has a deferred annual pension of 5k and also a section which states "Plan was contracted-out of the State Earnings Related Pension Scheme (SERPS) on a Protected Rights basis" Value of the Former Protected Rights Account (PRA) value is 13k. It goes on to say "IMPORTANT NOTES ON YOUR PLAN BENEFITS…
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Retiring but still a few uncertainties
I went back to an old post I made here, back in January 25, in it I was considering retiring August 25 at 53 years old. Well, I didn't, but I'm about to hand in my notice to retire this August when I'll turn 54. So back then I was in the process of reducing my hours to 26/week. I did, and worked this for a year and then…
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Annuity maturity pot
Next year (2027) I come to the end of my fixed term Annuity. I have a guaranteed maturity payout at the end of the term and would like to know what my options will be with that. I appreciate I can just buy another annuity but can I take any cash from it? I appreciate it would be taxed. I am looking to have surgery and if I…
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State Pension non reciprocal country ?
I am aware that people who claim the UK state pension whilst living in non reciprocal countries eg Canada, Thailand, Brazil etc do not get the annual increase. However how long can you visit one of these countries without it affecting your annual increase? Thank You.
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Getting the money!
I currently have a DB pension with £22,895 in it, retirement June 2026. I was asked how I wanted to take it. I elected for the trivial commutation lump sum because I have urgent roof repairs to fund but because I closed a different pension for £8,158 some years back I’ve been told that I can’t because: “The capital value…
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Hyder Business Services/Mouchel
I worked for an engineering company called TBMA uk Ltd back in the late 90s for four years and they set up a pension with Canada life. I want to access this pension, I contacted Canada life and back in 2008 they transferred £2500 to Hyder Business Services in Lincoln - known as HBS) HBS were taken over by Mouchel who was…
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Basic SIPP scenario - guidance needed rather than hard advice
Ok, so I am 59 and plan to retire next year when I hit 60. I work and I am a higher rate tax payer and have a workplace pension starting at 60. I have just inherited 100k and exploring options for making this work for my retirement. A SIPP sounds like a good option on the face of it. So I would plough 60k into this and…
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LGPS & State Pension Age
I and 43m and joined LGPS in 2017 on the CARE scheme - which I understand is tied to the State Pension Age. For me, this is currently aged 68. (with the increase from 67→68 scheduled for sometime 2044-46) The current implementation of the SPA rise to 67 got me thinking about the risks around this for planning for…
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Tax relief on contributions for a low earner
Help me out here folks A relative has just left a job but is keen to continue contributing to the occupational pension which is held with Scottish Widows. They would like to pay the maximum they can. As a low earner (they have found another part time job) they may not pay any income tax in the year 26/27. Let's say they…
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Diabolical pension inheritance tax on death 2027.
So this new 40% tax on any pension inheritance is apparently coming in 2027. What is the inheritance tax if a family member were to inherit their parents savings in an ISA or ordinary savings account? [Some text removed by Forum Team] Thank you.
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Help with Gretel. 0 matches
Hi, I'm trying to find a pension. I was a contractor for a short time around 20 years ago. I used a company (Can't remember the name) to do my tax, national insurance and a pension. I signed up for Gretel to try and find the pension but Gretel has found nothing. I thought it would find something, Even the pensions I…
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SIPP withdrawal while relief is pending.
Apologies if this has been asked before. I made a small contribution to my ii SIPP, but subsequently decided to withdraw a larger lump for a holiday. I raised the cash by share sales, but during the withdrawal process I was warned that if new money was added, withdrawal would have to wait for tax relief to be posted. Since…
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Buying an annuity, why does RPI get a better output that LPI?
As per the title question. I've been going on all the annuity tools and calculators and find like for like quotes, RPI gets a better initial payment to customer than LPI. LPI is apparently limited to a max 2.5% or maybe 5% and I just can't understand why RPI pays out more? I must be missing something as I normally do. Any…
Got questions about boosting your state pension by checking your record with the Future Pension Centre and making voluntary National Insurance contributions?
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Most recent: NI years are now full, existing OAP, when should I expect my monthly payments to reflect this? by Dazed_and_C0nfused
Today at 1:38PM
