Pensions, Annuities & Retirement Planning

A question about : Scottish Widows Pension , stay or go ?

Morning Everyone ,

I have approx. Ј27K in a Scottish Widows pension scheme , over the last few years it has increased in value reasonably . I am aware that should I wish to I can ask an IFA to take the money from there and invest somewhere else that may be more productive. I have 6 years until I am 55 , has anyone else done this and is it worthwhile or do the charges outweigh the potential ?

TIA

A question about : LGPS Deferred Benefits

I'd be grateful if anyone on here could put my mind at rest.

I worked for an English local authority for about 10 years before leaving in the year 2000. I earned quite a reasonable managerial salary in those days, but left to stay at home and look after my family. I have deferred benefits due to start paying a pension when I turn 60. It's not a fortune, just a few K a year, but will form an important part of my income in retirement, not least because it pays out at 60.

A question about : LGPS

I will be retiring probably at 60-62 in 2 - 4 years and want a last ditch savings push.

I have 34 years in the LGPS and will get a lump sum of about Ј40k.

I am just about to set up a S&S ISA and have about Ј50k cash. I've got a AVC, opened last year (under the old system where I can take 100% as cash) and currently pay Ј750 gross p.m. This is a SL 50:50 split between Balanced Lifestyle and a with-profits (I don’t know if this is a good mix, but was in a rush to get in before April).

I want to save another Ј300-400 pm.

A question about : Private Pension advice.please?

I worked for a company years ago and was part of a non contributary pension scheme. I will be 60 in March and this pension is due to be paid.
I have just received the paperwork to choose my option.
It is giving me a headache. I panic when I see all the instructions.I have the option of choosing the pension, or lump sum and pension.
I have also to fill in a form, which I am finding very daunting.
Is there anyone out there who could answer me a few questions?

A question about : Can anyone advise me on a Cash Sipp?

Looking for 1 year fixed:

This website says Bank of Baroda gives 2%
https://!!!!!!!!!!!!!!!!!!!!!!!!!!!!/...-for-pensions/

But there is no mention of Sipps on the bank of baroda website.

Confused!

Best answers:

• https://!!!!!!!!!!!!!!!!!!!!!!!!!!!!/...-for-pensions/
  THe !!!! are "investmentsense" co uk

A question about : Pre-existing capped drawdown and review requirement.

I first did capped drawdown in March 2011 -
I intend to stick within GAD rates - am I still required to do the 5 year/3 year reviews after April 2015?

Also - if someone inherits a pension in drawdown can they carry on contributing to it as a pension fund? If it's inherited as a FAD does that limit any contribution by the inheritor to 10k?

A question about : Mum can't get her full pension pot even though she hasn't taken anything

Hi, my mum has just been told off her employer Barclays that she can have a lump sum tax free payment from her pension and then a small yearly payment for life. I told her to ask what her pension fund value is but they say that there isn't a figure because it is not an average type of pension.

A question about : A sensible sermon on pensions

https://www.bloombergview.com/article...pension-crisis