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SIPP company dragging their heels
Is there an independent body to contact when you feel that the current SIPP company is deliberatly taking their time with a cash transfer? My pension was all in cash at the time of the transfer request. No special benefits or guarantees. Just plain cash. I had the telephone call within 5 days so they could make their…
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Specified adult childcare credits
Can I fill in the form CA9176 needed to apply for specified adult childcare credits on an iPad or iPhone or does it have to be on a computer as when I tried it only goes as far as page 2
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What is the point of paying into a private pension?
Hey all, I want to ask a general question, please. If the state pension age is raising to 71, and the average age of male fatality on the UK is 80 years, what is the point in paying 20% of salary per annum into the current NHS pension scheme (which starts paying when a candidate reaches state pension age) for 40+ years of…
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Teachers pension for late Mum
Hello, My Mum recently passed away (91 years old) and I have let the Teachers Pension Group know of her passing. They have now sent me a link to claim Death Benefits but I am totally confused. I was not a beneficary. She has been retired for over 30 years. The form is asking for the Power of Attorney details which as she…
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help with tax please
state pension paid
369.95 on the 17th of April then 387.52 till the 1st April total 9688 for
25 payments i get paid every 2 weeks so total all to gather 10057.95 dwp have
told the tax office 10076 ware dose the difference come from thank hope this makes sence
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Early Pension and National Insurance Contributions
Hi all I'm hoping to retire in September with a teachers pensions and a drawdown from other pensions. As I will be 7 years away from state pension should I be thinking about National Insurance contributions from September onwards in order to get the full state pension in 7 years? Many thanks Jimmy Jazz.
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How do I find any/all of my pensions
Hope someone can help or advise please. I have a small pension plan that I feel has moved around a fair bit and I have lost track of it. Can I please ask how I can find out where all of my pension money is, preferrably for as little cost as possible? Thank you for your help F x
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Confused about new LTA rules
Hi, I have been trying to understand this Lifetime allowance stuff, especially since the new rules werwe introduced.and was wondering if anyone could assist please. The more I google and ask the more confusing it gets, and my priovider just bombards me with acronyms and other jargon I'm aware the old rules calculated…
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NHS 2015 Deferred Membership and increases
If a person leaves the NHS 2015 scheme and a pension becomes deferred, is there a set date they have to be employed after which the extra 1.5% is removed or is it applied as long as pension was accrued in the previous year? Or more simply, is it worth planning my "retirement" data to maximise that year's pension increase?…
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Immediate Needs Care Annuity - where to find and how to choose a provider?
I'm wondering about getting this for my mother so she can move to a retirement home. We'd use her house sale to fund it. If you google search for this though, you don't get links to any well known financial institutions, you get links to what look like 'middlemen' companies that say they get quotes from the large insurers…
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'Inefficiencies with the TeachersPension Scheme' - T-13 days!
I have recently finished teaching after (give or take) thirty years in the classroom. I have been planning this for a while, but especially after having a heart attack in 2018 and a triple heart bypass the following year. I applied for early retirement and my pension on November 2nd 2023 (giving the full maximum six…
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Vanguard are they a Ponzi scheme?
Evening. I've been trying to draw down out of my pension and also my ISA both of which are held with vanguard. There are constant delays asking for more information, upload bank details that I have already uploaded several times, asking for my passport details.( No other pension providers have asked for this) waiting 2…
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SIPP Management?
A friend took out a SIPP using a local financial advisor a few years ago. She had a handful of company pensions and the advisor transferred into an AJ Bell SIPP. She is paying the advisor 1% a year. Should she look to manage the SIPP herself? I use Vanguard for my ISAs and their SIPP seems to be inexpensive and they also…
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Is referral through an IFA necessary?
My wife recently retired and has a pension pot she wants to draw an annuity from. We’ve done the research, and we know who we want to use, but they are telling us we must go via an IFA. This might be good for the ifa, but I’m not sure it adds any value for my wife. If we needed the advice, it would be a different story.…
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Should I cash out my late husband's private pension to put towards house purchase?
My husband died suddenly last year. When he died he had around £25k in a private pension pot. When he died I received an immediate pension for life from his workplace pension as well as a death in service lump sum. The pension I receive is enough to live off frugally, especially if I don't get a mortgage. I'm currently on…
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Topping up pension by selling BTL
Just turned 58 and following some health issues thinking of retiring. I think I have read that you can make lump sum payments into a personal pension. I have a btl with c.150k equity. Could I sell this and use this money to pay into a pension using the last 3 yrs allowance. I have earned towards £100k pa last 3 years, but…
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Wife's state pension and tax allowance
This discussion was created from comments split from: State pension questions...
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Should I take my state pension?
I am nearly 66 and still working, at the moment I am putting around £20000 a year into my pension. If I take my state pension and carry on working does that mean I will only be able to put £10000 max yearly into my pension? Is taking the state pension classed as accessing my pension? Which would then mean I will not be…
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Q re Partnership Pension Scheme re civil service via Legal & General
Advice please lovely people I am a current civil servant. I part retired in 2017, claimed my Classic part and reduced my hours to part time. I am currently paying into Alpha on my part time wage. re the Partnership civil service scheme via Legal & General Does anyone know if I can 1 take my my alpha amount (built up so…
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Widowers Pension
Hi I’m after some advice to help my mum. She worked only until she had me so only gets a very small state pension (less than £400/month). My dad who had a personal pension & state pension always paid all the bills. He has been given just a few weeks to live. My mum wants to carry on living in the house but with only this…