Pension advise.

[stonerblue]

*advice

I didn't right the title..

 

[calumdown]

I didn't right the title..

*write

or wrong

 

[bakerdave76]

*write

or wrong

That's why he called Stoner Blue

 

[stonerblue]

That's why he called Stoner Blue

Sharper than you 2 cheeky gets..)

 

[hilts]

OK heres one for the clued-up.

My daughter has inherited her Mothers pension(s) and needs advice.
Should she cash in, draw down or keep them going?

She's also inherited a lot of cash and a house so wont be struggling for money in her old age. Married with 2 kids.

Spend it on Charlie, booze and brass and th.....

Oh your daughter, err get sound financial advice

 

[Brooklands Blue]

OK heres one for the clued-up.

My daughter has inherited her Mothers pension(s) and needs advice.
Should she cash in, draw down or keep them going?

She's also inherited a lot of cash and a house so wont be struggling for money in her old age. Married with 2 kids.

Hi mate. I am an IFA and specialise in pensions. I would strongly recommend your daughter takes professional advice especially if she is looking at a drawdown option from the potential tax liability point of view. Also, I'm not aware of any pension schemes that would allow your daughter to continue to contribute to her late mums pot. Again, not advice and not commenting on her marriage but if she were to separate from her husband in the future some of these assets could form part of a possible marital claim so if she were to be sitting in front of me I would be discussing placing some the tangible assets into Trust for safe keeping .

 

[stonerblue]

Hi mate. I am an IFA and specialise in pensions. I would strongly recommend your daughter takes professional advice especially if she is looking at a drawdown option from the potential tax liability point of view. Also, I'm not aware of any pension schemes that would allow your daughter to continue to contribute to her late mums pot. Again, not advice and not commenting on her marriage but if she were to separate from her husband in the future some of these assets could form part of a possible marital claim so if she were to be sitting in front of me I would be discussing placing some the tangible assets into Trust for safe keeping .

Thanks mate, appreciate that.
Sorted now.