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Pensions  |  Investments
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Mike Hemel Hempstead

I can withdraw my 750k DC pension pot to drawdown now (aged 63), but it looks to me as if the stock market is approaching the top of its recent rise.

I think it’s possible to “beat” the £33kpa estimated annual pension my scheme provides or the £26k an annuity would buy by doing a drawdown to either SIPP or a managed portfolio, and still leave something in the pot for my 3children when I die.

Is now a good time to drawdown or would waiting 2years be a better option ?

ISAs  |  Cash savings  |  Investments
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Tori High Wycombe Ladies Losing Out

Here’s a quick question for you – we hold nearly all our stuff with Hargreaves Lansdown and over the years have found them stuffy, a bit patronising, expensive and standoffish…not great eh? Am I right in thinking that for a better/newer/cheaper alternative we could look at a Robo Adviser like Nutmeg? Would our money be protected with them?

ISAs  |  Investments
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Peter Northumberland

Hi, i was just wondering if you could help me out. I’ve recently, from your wonderful website, discovered robo-advisors. I have 10k to invest which has been doing very little in my Halifax online saver (0.05%). I’ve transferred £5k into a new nutmeg stocks & shares ISA and plan to top this up with £100 a month.The other £5k I was wondering if I could set up another S&S ISA with another robo (poss Moneyfarm), also with £100 pm. Is this possible? Or should I put the lot into my nutmeg pot. Many thanks.

ISAs  |  Cash savings  |  Investments
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Diane Lancashire

Hello again – I have a cash ISA with the Leeds with about £8,500 in it (no contributions made in the current tax year) which I’m wanting to transfer across to a stocks & shares ISA, most likely with Nutmeg, and with a cash payment of £15,240 this tax year into the Nutmeg S&S ISA as well and a further cash payment in the coming tax year. As the interest on my cash ISA is paid annually, will the Leeds simply calculate the interest to the date my lovely dosh leaves them and add it to the transferred amount?
AND, my husband also has a cash ISA which he wants to transfer to a S&S ISA and make a cash payment into that S&S ISA. However his cash ISA requires 30 days notice. As we’ve left this all a bit late, the transfer may not of course take place until the 2017/18 tax year. If that’s the case, will he not be able to make a cash payment for this tax year (he was wanting to put £15,240 this tax year and further cash next tax year).
I’m sooooo sorry this is all so long-winded – hope it all makes sense to you though – thanks v much.

ISAs  |  Retirement  |  Investments
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Hi – I am thinking about transferring some funds into a ‘Bed and ISA’ thus taking advantage of the 15,240 allowance for this tax year. The platform I use H&L do not charge for transferring . If I move say my top four funds over to an ISA to max out the allowance what happens to my DD that I have set up? I assume that I cannot add anymore funds once they are locked into an ISA. How does this work on a practical level?

I do not intend to withdraw any funds from my ISAs for at least 10 years when I will probably be a 20% tax payer, as I will be 64+. I read something online saying that a tax dividend is paid on ISA withdrawals in any event and it may not be advantageous for a person who is going to probably withdraw monies from their ISAs as a 20% tax payer to use the Bed and ISA option.

In short I have 16 funds and what to drip feed into them every month for 10+ years, should I be wrapping up what I can in an ISA? I do not want to lose the option of adding to them over a 10 year period.

Can anybody help with my muddled thinking ?

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Fred Edinburgh Everyday Entrepreneurs

I do some independent technical and business writing; do I need Public Indemnity Insurance?

Retirement  |  Investments
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jane Leigh-on-Sea

Hi – I have been made redundant and have a small stakeholder pension that is telling me is Fund value £13k or £15k transfer value?.
I am now working self employed earning less than £1k pm since Jan.
I am keen to make this money work harder and would be interested investing it in managed funds.
Can I move this pension from Aviva? If not what do you suggest?
I am 58yr old female, with very small manageable mortgage and will sell to downsize in next 3/5 years if necessary.
Any advice please?

ISAs  |  Investments
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Diane Lancashire

Hi – I’m thinking of opening a Stocks & Shares ISA. I have about £16,000 to play with. Is it better to invest this as a lump sum or to drip-feed? I’ve heard that drip-feeding is better? Something to do with the market being high or low, or something?
GREAT site, by the way – thank you!!

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The very lovely Cherry Reynard has been a financial journalist since 2000, after an ill-fated spell as a (bad) tax accountant. She has written for a wide range of titles including the Financial Times, Telegraph,…full bio

Expertise: School fees, General Meltdown
Ladies Losing Out, Tired Parents
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