Q. My partner and I are saving up for a deposit for our first house. It is tough and we are really scrimping and saving. Is it still true to say that in the long term buying a house is a financially sound option compared to renting long term? A. This is a difficult question… Read more »
Q. I have a deferred pension with my previous employer. It is a Final Salary Pension which I can draw in three years time. I have recently received a transfer value and am quite amazed at the size of it in relation to a transfer value I had quoted about three years ago. It is… Read more »
Q. I have a pension through the employer I have just left, where there was a clause allowing retirement after age 50. I am attracted by this, and also the flexibility to draw more benefits early, as my other main defined benefit scheme is not accessible until age 60. Can I transfer to a flexible… Read more »
Q. I am fortunate to have a salary of £140,000 plus a car and other benefits, including a 15% pension contribution on my behalf. As I don’t need my bonus payment, I have often had this paid as a pension contribution in the past. My accountant is telling me that I may want to reconsider… Read more »
Q. I am approaching the age of 75 and have a personal pension plan which I have not yet touched. I was intending to leave it to my only daughter. However, I am being pestered by my financial adviser to take some money from the fund before I reach 75, but I don’t understand why… Read more »
