Category: Notícias

12/07/2019 | We don't have any other meaningful assets. 10/05/2019 | 04/08/2020 | I am thinking this would reduce my loan to value? However, following the inflation rise of the Lifetime Allowance, it seems the LTA is now at £1,030,000. This means we can't help with specific personal circumstances or recommend specific investment products. 3. Buckinghamshire | I have opened my first Stocks and Shares ISA, and have a company pension on the new standard 5%/3% contributions. With these, you choose where you invest, so it's a kind of 'DIY' method. I have an old pension and they have written to me saying that they are going to enhance my pension if I transfer it out. Rod | Den | Collette | 10/08/2018 | 5. Or check out Unbiased or VouchedFor. Should I move my personal pension fund to a SIPP provider at this late stage of my life? Katherine | Personal Pension Scheme, We can arrange a free pension review for you today. 2. 17/07/2018 | 11/06/2019 | Should I still make regular ISA and pension investments in the current COVID-19 turmoil? I am not sure how much extra they will give me. Also I would like to make an investment, & don't know where to start? Or consolidate them? It seems like a good time to invest during the coronavirus. If I have no financial commitments (living at home for next 2 yrs), is it worth using 90% of my savings for a house deposit for buy-to-let purposes? 01/01/2018 | But you can’t do this under workplace pension rules. This is called 'automatic enrolment'. 0. 6. 4. Use this form to report your employer if you are a member of a workplace pension scheme and you are concerned about payments into your scheme.. You can always reduce your pension contributions back to the minimum amounts if things change and you don’t have enough spare cash each month. Carmarthenshire | 7. Desperate Anna, Anna | Would it be a better idea to drip feed from cash into funds/stocks in case COVID-19 coupled with a hard Brexit means the markets drop further? We can arrange a free pension review for you today. Best just to leave it in cash for now, or invest a portion in stocks and shares ISAs? I am 54, so what should I consider to be an appropriate time frame for any investment I make, that could supply the best results? By making an enquiry you accept that your information will be passed to one of the specialists. 03/07/2018 | Kent | 10/11/2017 | They can be really important for bolstering any income you may receive from the State Pension, which is currently just £9,110.40 a year. Berkshire | 25/11/2017 | Judy | 0. Dumfries and Galloway |. I’d like to invest to renovate our house, help fund our children’s education and help them onto the property ladder, and retire as soon as possible! The charges for my SIPP are around 1.5% per annum. Will your employer be making contributions? I am aware that I can place £20,000 for this year. 02/01/2019 | I have savings in cash but I’ve never tried any ISAs, stocks etc. Berkshire | 27/02/2019 | Personal contribution limits. Can you join your workplace scheme at a later date? London | London | The basic State Pension, for those on the previous type of pension, comes in at £134.25. We have four grandchildren (2 English living in UK, and 2 Irish living in Eire). Cambridgeshire | He puts £40 a month in and 10% of what he earns. Yes, absolutely. Which would you recommend? Should I cash out my final salary pension during the COVID-19 market decline? Helena Wardle, Certified Financial Planner's Response. There are other types of personal pension beside the workplace variety and you can set one of these up yourself and pay into alongside your occupational scheme. I have a workplace pension, which was closed and replaced with a retirement saver pension. I have just 9.5 years to pay in and grow, do you think this is a long enough period to invest in or should I stick with cash if shares and bonds are likely to take a hit in a few years? South Yorkshire | Scotland | It also basically means that if we say something daft, you have no recourse to come back and complain. I currently input £300 per month into the Stakeholder. There is no limit to the number of pension schemes you can pay into, so it’s certainly possible to maintain your own personal pension while contributing to your workplace plan, but keep in mind that there are limits to the amount of tax relief you can get on your contributions. So, yes, your pension is as secure as it possibly can be. The company is also offering free independent advice. I have a Stocks and Shares ISA, and am weighing up the pros and cons of a General Investment Account vs a Private Pension. Can I take a new stocks and shares ISA with a new provider before the end of the tax year? Our free weekly blog with Holly's I understand the basics, but am now totally unsettled as to the direction I should take and if, at such a critical stage, I should invest in an IFA on a regular basis. 15/08/2018 | Craig | What should I keep in mind? 3. Can I have an occupational pension and a personal pension? Hampshire | I have decent savings and am toying with the idea of Wahed Invest (I am looking for shariah compliant funds). The fund value is £161K and it was opened a year ago. 29/05/2018 | DB | I am no expert in stocks and shares. I'm in my late 30s, have a mortgage, a baby, no outstanding loans or credit cards, three pensions, and two Cash ISAs. 1. All the advisors we work with are fully qualified to provide advice and, where relevant, work only for firms who are authorised and regulated by the Financial Conduct Authority. London | UK | I’m really keen to start taking control of my finances and it’s proving so helpful... not making me feel like a clown for not understanding all the financial faffery! 0. Different tax rules apply to the rules when inheriting a defined contribution pension. This has shattered my confidence and I need help. Lisle | Or do you think I should just leave it where it is? 11/09/2017 | Sandra | Kent | My main concern is - will I lose out by transferring my Civil Service pension to a new place? 2. London | Our pensions cover our expenses but we also have £230k which we would like to invest for a monthly income. West Midlands | £10,000 comes from the government bonus, providing a huge boost in these times of low interest rates. All of the police schemes provide pensions which can be accessed either unreduced or only subject to limited reduction, at an earlier age than under most other pension schemes. Norfolk | Should I sell and just get out? Many thanks, Buckinghamshire | 12/03/2019 | Ben | Jo | Hull | Thanks, Eve | Private and workplace pensions can be good ways of saving for retirement. How much freedom do you want over your investments? I am already paying the maximum into a Junior ISA. Your employer must automatically enrol you into a … David | Please help me. 0. Here are some of the things you should consider before doing this…. Benefits of a getting workplace pension scheme for your company: While every employer has a legal duty to set up a workplace pension for their eligible employees. London | I am looking for some suggestions as to the types of products I should use to begin investing. 06/06/2019 | I was lucky enough to inherit a significant sum from my father... currently in Alliance trust platform in 10 investment trusts. West Yorkshire | My pension SIPP has an annual charge of about 2%. Emma | 3. 29/03/2020 | Hannah | 21/05/2019 | Or if not, should I continue investing in my previous workplace pension? 16/01/2019 | 07/09/2017 | Greater London | 12/11/2018 | As you can see, there are benefits to occupational pensions and individual personal pensions as well as scenarios where paying into both may be viable. I just need some simple clear advice. 17/01/2018 | Can I have a workplace pension, a private pension, and a Lifetime ISA, at the same time? I also have a personal pension serviced by an IFA. I have been putting £50/month for each of my two children into a pension with Hargreaves Lansdown. Keep up the good work, I’m impressed with how refreshingly approachable your website is. Greater London | UK | Greater London | 16/07/2019 | 0. 0. SIPPs act as a ‘wrapper’ for your retirement investments and are geared towards people with investment knowhow and those looking for freedom of choice regarding what they can invest in. If you change jobs, or stop working, you can normally continue contributing to a scheme. The Pensions Regulator is responsible for ensuring that all employers comply with workplace pension law. A directors’ pension scheme can be a great way to take advantage of the remaining tax breaks available to sole traders. 2. Can I have all three in place? I've already set up a Stocks & Shares ISA with Nutmeg, so would like to start my pension with another provider. I'm 46 . This would take us about 8 years (and house prices are increasing faster than we're saving!) I know about pension grossing up, and the 25% tax free cash. 14/06/2019 | Workplace pensions; If you think you have a pension but can’t remember the details, you can contact the Pension Tracing Service. Cash for now, or stop working, you can take your pension benefits the... 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