I am approaching 75 and have mostly saved into cash - should I open a Stocks and Shares ISA for two years and then cash it in?

Dale | UK | 23/03/2020 | 0

• Private Pension
• Stocks and Shares ISA
• Workplace Pension

I'm thinking of moving into a drawdown SIPP, taking my 25% and leaving the rest invested until I need a regular income in my mid 60s. I am trying to find a financial adviser willing to review my plans, but they all want an ongoing relationship. Where can I find an adviser who will do a one off review? Also I am unsure whether financial investment protection is per fund or per SIPP.

Susan | London | 16/07/2019 | 17

• Private Pension
• Pension
• Workplace Pension

I have an inheritance to invest of £150,000. I am not paying into a pension at the moment but have £125,000 in my pension pot, and have fairly substantial money in Stocks and Shares ISAs. Should I put more into stocks and shares over a 10 year period, add to my pension funds, or invest in bricks and mortar with no mortgage?

Mark | West Midlands | 12/07/2019 | 3

• Stocks and Shares ISA
• Workplace Pension
• Mortgage

I am looking at consolidating my different pension pots. My main concern is - will I lose out by transferring my Civil Service pension to a new place? By the way, I am loving Boring Money! 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! Thanks!

Hannah | Herefordshire | 08/07/2019 | 3

• Private Pension
• Workplace Pension

I am thinking of setting up a SIPP to diversify my investments and spread the risk. I'm nervous about doing my own investments, so I don't really know where to begin. Are there SIPPs which do it for you? Or if not, should I continue investing in my previous workplace pension?

Holly | Sussex | 03/07/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Workplace Pension

I work for my company which funds my SIPP directly. I will be receiving compensation in the coming months - is it possible to pay SIPP contributions from the compensation payment? If pension significant contributions are not possible, what might we consider when looking for a tax efficient home for the compensation?

Andy | Lancashire | 12/06/2019 | 3

• Private Pension
• Stocks and Shares ISA
• Workplace Pension

I have two pension pots, one of which is a stakeholder - this one is currently worth £120,000 - the other is approximately £50,000. I will be 60 in 4 years time and am anxious that my pots may not be growing fast enough. I currently input £300 per month into the Stakeholder. I do not intend to access either of these accounts until I am 65. Can I combine both these pensions, or should I leave them as is? I would appreciate an opinion on this. Many thanks, Maggie

Maggie | Gloucestershire | 29/05/2019 | 0

• Private Pension
• Workplace Pension

Hello, I already have a workplace pension. Can I also have a private pension? If so, I have a LISA as well. Can I have all three in place?

Precious | Surrey | 23/05/2019 | 3

• Private Pension
• Lifetime ISA
• Pension
• Workplace Pension

I am a self-employed 55 year old, with only a state pension. What can I do to increase my money for retirement?

Sandra | Dumfries and Galloway | 21/05/2019 | 1

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• State Pension
• Pension
• Workplace Pension

I'm in my very early 20s, and earning well. I have no debts or dependants. I have a Stocks and Shares ISA, and am weighing up the pros and cons of a General Investment Account vs a Private Pension. What should I keep in mind?

Cecily | Berkshire | 08/04/2019 | 4

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• GIA
• Workplace Pension

I am 65 and still working. I have a workplace pension, which was closed and replaced with a retirement saver pension. I contribute to this via salary sacrifice. I also have a personal pension serviced by an IFA. Should I move my personal pension fund to a SIPP provider at this late stage of my life? I would like to consolidate the workplace retirement saver and personal pension fund together and manage it myself.

Den | South Yorkshire | 27/02/2019 | 0

• Private Pension
• Pension
• Workplace Pension

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. The company is also offering free independent advice. I have £117,000 in the pension at the moment, which would give me £6400 a year at 65. I am 61 in April and would like to finish work at that point. I am not sure how much extra they will give me. Have you any ideas or suggestions to help me decide? Thanks.

Nicholas | Carmarthenshire | 04/01/2019 | 4

• Pension
• Workplace Pension

From my retirement I received a lump sum of money and a monthly pension. I have £100,000 that I do not need for the foreseeable future... One of my main concerns with Financial Advisers are their costs... All I want is simply to see this money grow to its potential, sensibly and above inflation... Therefore my next thoughts are Stocks and Shares ISAs... My only concerns here are the current Brexit problems - I saw the FTSE drop this past week. I cannot find any information out there to assist with my decision making if this is certainly a good time to invest... I am aware that I can place £20,000 for this year. Come April 2019 I place another £20,000 and so on until the £100,000 has been utilised. Do I have to place it into the same fund or can I choose another different fund with a different company?... Please can you help to ease some of this burden, which has proved an awful part of my retirement and made me frightened to spend any money.

Katherine | Derbyshire | 02/01/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Cash
• Robo Adviser
• Online Investment Platforms
• Workplace Pension

I am a 30 year old British expat living and working in the Netherlands. I worked in the UK for 5 years but to my knowledge I did not have a work pension of any sort. I've been working in the Netherlands for the last 4 years, and again have no pension (my company does not provide anything). I'm getting increasingly worried about my future retirement and my lack of any kind of pension. Firstly, I am not sure what - if any - state pension I could receive (either from UK or Netherlands) but I assume not much. Secondly, I'm ready to start investing on a monthly basis into a private pension fund, but I have no idea what the best option for me would be. Really lost and confused, and would really appreciate any advice you might have.

Lucinda | Kent | 09/10/2018 | 0

• Private Pension
• State Pension
• Workplace Pension

My wife, 56, is still working but has a final salary scheme which she is drawing as well - currently £26k per annum. Her current employer's pension scheme is defined contribution, and her fund stands at £1.050m. Therefore, her total pension is around £1.57m. We protected her Lifetime Allowance at £1.25m, but all growth will now be taxed at the excess rate. My idea is to take the 25% tax free amount out of the defined contribution pot, and reinvest it in the same funds as the pension. This will then remove growth on the 25% from the excess tax rate to a capital gain when sold, thereby saving a considerable amount of tax. Am I right?

Rod | Hampshire | 05/09/2018 | 1

• Private Pension
• Workplace Pension

Do you have information on taking your pension pot before retirement? My husband is 62, on a final salary scheme & is trying to get clear information on it.

Jo | 17/04/2018 | 3

• Pension
• Workplace Pension

Can I sort a pension out myself online?

Sharon | Greater London | 07/09/2017 | 0

• Pension
• Workplace Pension

What's this Auto Enrolment thingy?

Derek | Greater London | 06/09/2017 | 0

• Workplace Pension

How can I find out how much my State Pension is likely to be?

Abigail | Greater London | 06/09/2017 | 0

• State Pension
• Workplace Pension