Q. I have received an inheritance. Can I pay some money from it into my personal pension, in order to get tax relief? As I am 53, I will be able to access the fund in a couple of years, so it might increase the size of my fund substantially. A. This is one of those… Read more »
Q. My uncle died recently leaving me a £20,000 legacy. I do not have a need for this money, and would like to give it to charity instead. What is the best way to go about this? A. There are two ways you could go about this. The first would be to exercise a “deed of… Read more »
Q. I am 62, and looking forward to getting my state pension in September 2017 when I will be 65. I requested a forecast a few years ago which said I would get basic state pension of £107.45 a week plus an additional pension of £39.00 per week, giving a total of £146.45 per week. I… Read more »
Q. My partner and I who are both in our twenties have two young children, aged 6 and 4. My partner has a salary of £28,000 per year, and I currently look after the children. He has life cover through work which pays out 4 times his salary. Is this enough? A. This is one of those… Read more »
Q. I am almost 70 and have been a widow for over 20 years. One of my sons is living and working in the Republic of Ireland near Dublin and I am considering selling my house in England and buying a house near to where he lives. I am in no rush but am currently weighing… Read more »
