tag:blogger.com,1999:blog-2875915890415125655.post6110195906802540826..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Another pension partial transfer and the elephant in the roomRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-2875915890415125655.post-72529522525728568082018-06-15T07:01:21.741+01:002018-06-15T07:01:21.741+01:00FI - Article on 'brexit race' to retire to...FI - Article on 'brexit race' to retire to Europe in today's FT.<br /><br />https://on.ft.com/2LNt2ixBrichttps://www.blogger.com/profile/17256630221424147445noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-16201752515869809382018-05-26T12:30:37.394+01:002018-05-26T12:30:37.394+01:00Anonymous,
If you drop from full time to part time...Anonymous,<br />If you drop from full time to part time instead of taking redundancy, would that effect a future redundancy payment? Would it be based on number of years times salary?<br />Rough excample, say you earn £2k a month full time and have been there 15 years, a redundancy payment might be 15 x £2k = £30k. If you drop part time for £1k a month would the redundancy drop to just 15 x £1k =Wandering Starnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-88380781578311306572018-05-23T10:22:45.868+01:002018-05-23T10:22:45.868+01:00I use AJBell Youinvest - and transferring from ano...I use AJBell Youinvest - and transferring from another provider was very quick. It's just AEGON who are taking their time.<br />I also don't like the fact that AEGON receive my money and sit on it for 3 weeks before investing it every month. My wife is also with AEGON through work and hers is invested in under a week - why the difference? who knows.Anonhttps://www.blogger.com/profile/08573949295118311798noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-61790314076863698882018-05-22T19:49:12.413+01:002018-05-22T19:49:12.413+01:00Who did you try and transfer to? Did you fill out...Who did you try and transfer to? Did you fill out a paper form or did you apply electronically? I think the electronic transfer system is provided by Origo. They list HL and Aegon as customers so if it was to HL it should have been much faster.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-38737613910208175362018-05-22T16:00:08.321+01:002018-05-22T16:00:08.321+01:00I'm surprised that you can get the transfer do...I'm surprised that you can get the transfer done so quickly!<br />I have my work pension with AEGON and they takes a long long long time to transfer.<br />So much so, that the FTSE100 is about 10% higher than when I submitted my recent transfer (out in cash) request.Anonhttps://www.blogger.com/profile/08573949295118311798noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-87371153006766034512018-05-21T21:35:45.027+01:002018-05-21T21:35:45.027+01:00Weren't you tempted to take redundancy and the...Weren't you tempted to take redundancy and then just wait for them to phone you with an offer? deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-42040615307549819482018-05-21T21:27:38.397+01:002018-05-21T21:27:38.397+01:00You might be right, Felice. They've already bu...You might be right, Felice. They've already bumped their earlier offer from 3 days to 4. But most of the rest of my new team are on 4 days inc. new boss so fairly hopeful. <br /><br />Yep, it's great, RIT. It really did come down to - do I like the company, my boss & colleagues and the work enough to continue? I hope you figure out what works for you and yours. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-54731367751784363622018-05-20T23:38:30.802+01:002018-05-20T23:38:30.802+01:00Thanks for the heads up / reminder on HL. They als...Thanks for the heads up / reminder on HL. They also have this offer on ISAs and I have been dragging my heels in transferring a cash ISA which just matured off a multi year fixed rate. Yes, a cash ISA - mad isn't it that I still have one of these. Just have to decide which ETFs or ITs to put it in. Good luck to you and your family with the FI decision. We were just driving up to a nature Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-16286052364050884472018-05-20T18:34:34.995+01:002018-05-20T18:34:34.995+01:00I think we all have similar feelings as we approac...I think we all have similar feelings as we approach FIRE. I'm within 1 year, or 2 if I want more wiggle room. It's a cross between Morgan Freeman in Shawshank Redemption, where he doesn't want to be in prison, but he's become institutionalised, and jumping out of a plane for the first time. You can read about it all you want, but won't know how it feels until you actually do Willynoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-28422573245177698122018-05-20T17:50:47.966+01:002018-05-20T17:50:47.966+01:00Well done RIT. Here's to making the decision s...Well done RIT. Here's to making the decision soon. Myself, doing "One more year" to allow for more wiggle room to manoeuvre, but essentially have the FU money and what with the weather, finding it very hard to muster the will to carry on. <br /><br />Good on you. Go for it and enjoy. TulipCrazehttps://www.blogger.com/profile/03279994663890333870noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76238828357940431062018-05-20T10:12:28.549+01:002018-05-20T10:12:28.549+01:00Anon ... don't be surprised if your employers ...Anon ... don't be surprised if your employers don't come back in 6-12 months time and ask you to go back to full time! Employers love the idea of reducing the wage bill, but are never so keen that you are no longer their five days a week, at their beck and call. Here's to f**k you money, as Taleb would say.Felice Pazzohttps://www.blogger.com/profile/08702981006236017227noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-16174331007562479762018-05-20T09:04:16.274+01:002018-05-20T09:04:16.274+01:00I'll also be interested to learn of my decisio...I'll also be interested to learn of my decision Anon :-) Not long now, I think we're nearly there. It's a big decision and we want to make sure we're doing what we really want to do. Thus the quote this week. We've actually made a decision and are currently in a RIT family cooling off period. <br /><br />On a serious note this FI thing is great isn't it? All of a RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-70244969283895070372018-05-20T08:57:50.053+01:002018-05-20T08:57:50.053+01:00My understanding is it's for anybody transferr...My understanding is it's for anybody transferring a pension. It doesn't stipulate new or existing customers from what I've seen. I'm guessing it's not targeted at me as they make nothing but a couple of trades from my transfer. T&C's are here http://www.hl.co.uk/pensions/sipp/transfer-to-the-vantage-sipp#terms<br /><br />I should highlight that the cash back is justRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-65264090619567295342018-05-20T03:23:00.982+01:002018-05-20T03:23:00.982+01:00It'll be interesting to learn of your FIRE dec...It'll be interesting to learn of your FIRE decision, RIT. As I've previously posted, I became FI last year. <br /><br />I was recently offered the chance to go part-time with a new role (tailored to my interests) or be made redundant. Took quite a bit of soul searching as it is doubtful I'll ever be offered as large a settlement again - but I decided to stay. The new role moves the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-32255049254517012732018-05-19T22:27:25.531+01:002018-05-19T22:27:25.531+01:00Do you know if that cash back offer is available t...Do you know if that cash back offer is available to know customers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-74897786797761590812018-05-19T20:12:06.470+01:002018-05-19T20:12:06.470+01:00Yes, thanks for the detailed reply.Yes, thanks for the detailed reply.Willynoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-33038648253616802192018-05-19T18:36:01.744+01:002018-05-19T18:36:01.744+01:00TA, thanks for the detailed reply to Willy. For c...TA, thanks for the detailed reply to Willy. For completeness I purchased VUSA and VJPN.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-56193893357619147502018-05-19T13:32:32.378+01:002018-05-19T13:32:32.378+01:00Hi Willy, the only extra complication is that an E...Hi Willy, the only extra complication is that an ETF domiciled in Ireland is subject to a different compensation scheme. The UK compensation scheme - run by the FSCS - means you could potentially recover £50,000 if an ETF provider went under and your money disappeared with it. An Irish domiciled scheme is subject to different rules and more likely to be protected to the tune of €20,000. If you The Accumulatorhttp://www.monevator.comnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-66848469581034352662018-05-19T12:08:12.466+01:002018-05-19T12:08:12.466+01:00Which Vanguard ETFs do you use? Some of them seem ...Which Vanguard ETFs do you use? Some of them seem to be domiciled in Ireland, does that make any difference if you hold them in a SIPP or ISA? I.e. extra paperwork or anything like that.Willynoreply@blogger.com