New Posts For Thread: Pensions advicehttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-adviceI'm wondering if someone who knows even 1% more about pensions than me (not difficult) could help me out with a couple of things.I'm 39 and I have almost £80,000 in my pension (I've been paying into it for 11 years). I pay in around £250 a month anthttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546688051#546688051tSat, 31 Oct 2015 10:28:35 -0500BTL when tax changes are being made to make it far less attractive, in a housing bubble?https://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546677383#546677383BTL when tax changes are being made to make it far less attractive, in a housing bubble?Fri, 30 Oct 2015 11:21:11 -0500Use your money to buy to let housing stock in london . The rental return is better than any pension pot and there is no CGT to pay if you die and it is left to your kids......pensions are a massive rip off as they are paying for so many other peopleshttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546676449#546676449Use your money to buy to let housing stock in london . The rental return is better than any pension pot and there is no CGT to pay if you die and it is left to your kids......pensions are a massive rip off as they are paying for so many other peoplesFri, 30 Oct 2015 09:50:56 -0500I think the company NI is 13.8%https://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546676067#546676067I think the company NI is 13.8%Fri, 30 Oct 2015 09:05:06 -0500It's not necessarily just the company putting much in that counts, it's also whether they return the company NI on contributions. Some companies pocket it!If your company refunds company NI (11% I think) and matches or adds to contributions, you'll fhttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546676017#546676017It's not necessarily just the company putting much in that counts, it's also whether they return the company NI on contributions. Some companies pocket it!If your company refunds company NI (11% I think) and matches or adds to contributions, you'll fFri, 30 Oct 2015 08:59:55 -0500ISAs can be viewed as taxed now, no tax later, pensions as less tax now, then maybe some tax later. People may knock pensions but you can get the employer to put a lot in or get a good tax break.Looking at at the OP again that looks a decent amount.Ihttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546672109#546672109ISAs can be viewed as taxed now, no tax later, pensions as less tax now, then maybe some tax later. People may knock pensions but you can get the employer to put a lot in or get a good tax break.Looking at at the OP again that looks a decent amount.IThu, 29 Oct 2015 16:53:55 -0500you have 7.5K state pension to add on top, assuming you have 30 years NI contributionsThis rises to 35 years from April 2016Whilst annuity rates will fall with an ageing population it is usually best practise to take anything tax free so, based on yohttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546671947#546671947you have 7.5K state pension to add on top, assuming you have 30 years NI contributionsThis rises to 35 years from April 2016Whilst annuity rates will fall with an ageing population it is usually best practise to take anything tax free so, based on yoThu, 29 Oct 2015 16:18:32 -0500If you postulate that you'll retire at 65, and think you're going to live to a grand old age so you're going to take an annuity, then let's assume annuity rates are like they currently are, say 5.5% of the pot.Well you can kind do the maths yourselfhttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546670173#546670173If you postulate that you'll retire at 65, and think you're going to live to a grand old age so you're going to take an annuity, then let's assume annuity rates are like they currently are, say 5.5% of the pot.Well you can kind do the maths yourselfThu, 29 Oct 2015 13:29:12 -0500Makes me glad I stopped my pension 18 months after I started, My pension pot stands at about £2000https://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546669765#546669765Makes me glad I stopped my pension 18 months after I started, My pension pot stands at about £2000Thu, 29 Oct 2015 12:36:21 -0500From a recent story in the Times :-The annual charges you pay on your investment and pension funds may seem like a tiny fraction of the overall total. However, they matter because they will eat heavily into your investment returns.The Department forhttps://community.betfair.com/chit_chat/go/thread/view/94038/30607981/pensions-advice?post_id=546669413#546669413From a recent story in the Times :-The annual charges you pay on your investment and pension funds may seem like a tiny fraction of the overall total. However, they matter because they will eat heavily into your investment returns.The Department forThu, 29 Oct 2015 11:50:37 -0500