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    • Primary and secondary teachers are supporting pupils with their own money, buying food and warm clothing. Eight in 10 primary teachers in England spending own money to help pupils | Education | The Guardian WWW.THEGUARDIAN.COM Increasing numbers of children hungry and lack adequate clothing, with two-thirds of secondary teachers also supporting pupils  
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    • You can counter a Judges's question on why you didn't respond by pointing out that any company that charges you with stopping at a zebra crossing is likely to be of a criminal mentality and so unlikely to cancel the PCN plus you didn't want to give away any knowledge you had at that time that could allow them to counteract your claim if it went to Court. There are many ways in which you can see off their stupid claim-you will see them in other threads  where our members have been caught by Met at other airports as well as Bristol.  Time and again they take motorists to Court for "NO Stopping" apparently completely forgetting that the have lost doing that because no stopping is prohibitory and cannot form a contract. Yet they keep on issuing PCNs because so many people just pay up . Crazy . You can see what chuckleheads they are when you read their Claim form which is pursuing you as the driver or the keeper. they don't seem to understand that on airport land because of the Bye laws, the keeper is never liable.   
    • The video-sharing app told the BBC that a "very limited" number of accounts had been compromised.View the full article
    • The King is the second monarch to appear on Bank of England notes which will be fed gradually into the system.View the full article
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Does anyone know how my friend can sell his pension please?


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Hi there, please can anyone help me? My friend has been unemployed for a while now as he has had to have a big operation on his knee, he used to pay into a mutual pension wih Scottish Amicable when he used to work for a company 4 years ago. His fund is currently £2010, he rang them to ask was there any way in which he could cash it in and they said that there wasn't, am i right in thinking that there are companies out there who are able to buy these pensions out? Thankyou for your answers in advance...!

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Theres lots of info on the internet about this.

heres some general guidance I picked up.

 

 

Strictly speaking you are not able to sell your pension, however; the term Selling Your Pension is often used when someone wants to take a lump sum of cash from their pension fund before retirement. Selling your pension, or as it should be called Pension Release or Pension Unlocking or even Pension Surrender is, for the most part, not an advisable move.

This is due to the fact that pensions exist to provide a pension plan member with an income during their retired life. The income might be obtained via an occupational pension scheme or a personal pension scheme. This "selling your pension" prior to your pensionable age would usually result in a reduced income during retirement.

If you use the term Selling Your Pension, even incorrectly, it is still likely you mean that you want the option to unlock part of your pension fund as a tax free, cash sum, with the rest of the pension fund providing an income for life, although taking income can be delayed as late as age 75.

Selling Your Pension, whether through cashing in an occupational or personal pension, still usually gives you the option to take a cash sum as well as income. This tax free, cash sum is known as the Pension Commencement Lump Sum or PCLS.

 

I think that many firms would only be interested if the Pension was worth more.

15k is the figures I have seen.

 

However I think you should have a look around-as with everything theres always a top and bottom end of the market.

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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It would appear so.

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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  • 1 year later...
Theres lots of info on the internet about this.

heres some general guidance I picked up.

 

Can't see how Martin is trying to pass it off as his own with a rider like that!

 

Also well done on picking p on a thread that is 18 months old

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