Retiring

[jaseirai]

Public sector pensions have been using CPI since 2011...
There is no limit to my teachers pension index linking.

Public sector is as you say different because they are unfunded liabilities and part of the @£6tn national debt that isn't reported (along with PFI and many others).

 

[denislawsbackheel]

Gross over simplification but I couldn’t give a toss.
I retired on a full pension at 52 with no actuarial reduction, so I went with what I would have got at 60 when my pension contributions would have maxed.
Happy as a pig in shit.

 

[GaudinoMotors]

Public sector is as you say different because they are unfunded liabilities and part of the @£6tn national debt that isn't reported (along with PFI and many others).

Lol 6tn

 

[jaseirai]

Lol 6tn

Apparently so and that was 5 years ago.

The real national debt hits £8.6 trillion

The real national debt extends far beyond the government's formal measurements. It also includes substantial liabilities in relation to unfunded public sector pensions, unfunded state pensions, the Private Finance Initiative (PFI), nuclear decommissioning and a number of other items including...

www.taxpayersalliance.com

 

[sky tot]

Were are you based I use Burfields based in Northwich who only charge for what they do give them a call 01606 839720

Cheers , I’m in Romiley

 

[Millwallawayveteran1988]

Cheers , I’m in Romiley

Costs wise It depends what advice you require really and the complexity of it.

 

[squirtyflower]

Gross over simplification but I couldn’t give a toss.
I retired on a full pension at 52 with no actuarial reduction, so I went with what I would have got at 60 when my pension contributions would have maxed.
Happy as a pig in shit.

And they put a stop to that shortly after.

 

[remember arthur mann]

Gross over simplification but I couldn’t give a toss.
I retired on a full pension at 52 with no actuarial reduction, so I went with what I would have got at 60 when my pension contributions would have maxed.
Happy as a pig in shit.

 

[Bluemanc100]

I’ve got two pensions totalling ~£100k and they’ve recovered slightly since July.. any advice on whether to claim them now or wait to see what happens re Brexit?

I realise it’s a gamble but any advice would be helpful.. we already have pensions we live on and also rental income from a property so these two unclaimed pensions are a bonus and not life and death

 

[jaseirai]

I’ve got two pensions totalling ~£100k and they’ve recovered slightly since July.. any advice on whether to claim them now or wait to see what happens re Brexit?

I realise it’s a gamble but any advice would be helpful.. we already have pensions we live on and also rental income from a property so these two unclaimed pensions are a bonus and not life and death

It depends on what they are invested in. I wouldn't want to have much exposure to commercial property at the moment, on the other hand, some UK equities look fairly cheap at the moment.