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Private Pension
Posted: Mon 01 Apr 2019 1:21 pm
by TRNCVaughan
Noticed my state pension has just been increased by a couple of quid, a week. Expected that. I also have 3 occupational pensions and wondering if they will also be increased.
Anyone advise please.
Re: Private Pension
Posted: Mon 01 Apr 2019 1:26 pm
by Mowgli597
Depends on the terms of the pension. Some are index linked to the rate of inflation. Others might be determined by the pension trustees/managers. Do you have a copy of your pension plans? That will tell you Shirley!
Re: Private Pension
Posted: Mon 01 Apr 2019 3:28 pm
by Cally
That makes me feel a lot better as my increase is £4.51, however with Council tax going up by 5% & all fuels going up by more than that, it isn't going to go far....
Re: Private Pension
Posted: Mon 01 Apr 2019 7:22 pm
by Hector
If your occupational pensions go up, then so will your tax as all your pensions are added together, if you are a UK taxpayer.
Re: Private Pension
Posted: Tue 02 Apr 2019 6:07 am
by Steve C
compare your state pension increases to the pay increases that the inept MP's are to get this week.
Re: Private Pension
Posted: Tue 02 Apr 2019 8:09 am
by Mowgli597
Steve C wrote:compare your state pension increases to the pay increases that the inept MP's are to get this week.
State pension increase: 2.6%
MP’s pay increase: 2.7%
Re: Private Pension
Posted: Tue 02 Apr 2019 11:13 am
by Cally
Don't forget to include all they can eat & drink...….
Re: Private Pension
Posted: Tue 02 Apr 2019 8:20 pm
by Ragged Robin
Percentages are like statistics and bikinis: what they reveal is important but what the conceal is vital.
One man's 0.1% is half a shandy, another's is a magnum of vintage champaign
Re: Private Pension
Posted: Thu 04 Apr 2019 7:12 am
by sophie
If you have three occupational pensions, surely they will have been in touch with you. Mine keep in touch with me regularly, I don't have to guess.
Re: Private Pension
Posted: Fri 05 Apr 2019 12:11 am
by niceone
my company pension increase 2.4%