Off Topic Politics Thread

Libby.......... archers is talking sense.........take notes......

 

I may well do at some point if it suits but then there's a good chance I'll never retire anyway so we'll see how it goes. I might not even stay with them long term either.

 

I pay 8.8% into my pension at university, employer pays 20%. I've got another couple of increases coming to my contribution until eventually it'll be 10+% but I still intend paying it because the employer contributions are so good.
It's a lot of money to find for people in the early years of a career but I'm heading towards the end of mine and managing ok.
I wish I'd been able to pay in more though, especially through my 20s and 30s

 

I didn’t start paying into a pension scheme until I was 40.........I was lucky although I never was in a company pension until then however because of my late start I was advised to put more into the pot. In addition I was advised to take out a private pension. I did with equity life.........need I say any more? I lost about two thirds of it........sods law that is.

 

Well f****** opt back in sharpish.

 

Well it’s not often I do that, so someone certainly should take notes

 

Libby, I am with them all on here. Yesterday I was your age, today I am 49. Trust me blink and it goes.

 

I bleedin hate young people.

 

Don't worry... @fatletiss is so much older than me

 

I am in a final salary pension ......I will find out soon if I can redirect if any of my redundancy money in two years time.....not to avoid 40% tax but to boost my pot.

 

At last I've got it in writing............Hes older than all of us..........

 

Mate that is the area my wife worked in she tells me as long as you instruct your company to do that prior to you being paid out. so yes you should be able to. Don't try to do it after you have been paid out...........

 

What a load of rubbish, not the article but the candidates? My prediction the final two will be Hunt, and one of either Gove or Johnson. Oh, how we miss the great days of Blair and Brown, and further back, Harold Wilson in the late 60s.

 

Is there a cap what I can put in there? I was thinking of putting £30-40,000 from my settlement in there......do I pay or avoid tax?

 

There could be............Depends on your scheme.........She has suggested you go on to a website called "pension wise" that may help. She also says be aware she is not giving you professional advice she did not nor does she have a licence to do that. She was just trying to be helpful to my question to her on your initial post.

 

Cheers Beddytare any advice is welcome ....I will look at that site plus we have advisors tax and pension coming on site soon.

 

You're more than welcome.....I'm not sure if things have changed but I certainly did that from a payout and it wasn't taxed........So I am thinking you shouldn't be taxed before your money enters your pension scheme............CheersBT

 

There's a limit of £40k a year you can put in and still get tax relief I think.
Although also think you can roll over any unused cap from the previous 2 years!

Sent from my moto g(6) play using Tapatalk

 

I too am getting to the age where i am thinking about my pension, I have changed my previous pension company to one that deals with expats. i would recommend that anyone with a private pension to take a good look at their pension plan. thankfully my previous company put my pension in two plans that have both done really well, but they have basically not looked at the accounts for 15 years yet still charge 4% for their service,my plan could have gone done the toilet and they would not have been aware.
the new guy i now use gets his cut from the investment houses and not from me, gives me a report every 3 months to see if i wish to change anything, and of course full internet access to my account

 

down to 7 twats. (just looked up how to join the Tory party so I could vote - 25 quid donation but you have to be a member for 3 months) Missed opportunity.