chunk_id
stringlengths
3
7
chunk
stringlengths
0
841
source_url
stringclasses
652 values
title
stringclasses
652 values
chunk_idx
int64
0
558
chunk_start_char
int64
0
48.7k
chunk_end_char
int64
3
48.7k
642-28
For most workplace and personal pensions, how much you get depends on:
642
Plan your retirement income
28
2,862
2,932
642-29
the amount you’ve paid in
642
Plan your retirement income
29
2,933
2,958
642-30
how well the pension fund’s investments have done
642
Plan your retirement income
30
2,959
3,008
642-31
your age - and sometimes your health - when you start taking your pension pot
642
Plan your retirement income
31
3,009
3,086
642-32
Workplace pensions
642
Plan your retirement income
32
3,087
3,105
642-33
Your employer must automatically enrol you in a workplace pension scheme if you’re over 22 and under State Pension age, and earn more than £10,000 a year.
642
Plan your retirement income
33
3,106
3,260
642-34
If you have a workplace pension your employer can make contributions on top of what you pay.
642
Plan your retirement income
34
3,261
3,353
642-35
You may also be able to make extra payments to boost your pension pot.
642
Plan your retirement income
35
3,354
3,424
642-36
Workplace pensions are protected against risks.
642
Plan your retirement income
36
3,425
3,472
642-37
Personal and stakeholder pensions
642
Plan your retirement income
37
3,473
3,506
642-38
You may want a personal or stakeholder pension:
642
Plan your retirement income
38
3,507
3,554
642-39
to save extra money for later in life
642
Plan your retirement income
39
3,555
3,592
642-40
to top up your workplace pension
642
Plan your retirement income
40
3,593
3,625
642-41
if you’re self-employed and do not have a workplace pension
642
Plan your retirement income
41
3,626
3,685
642-42
if you’re not working but can afford to pay into a pension scheme
642
Plan your retirement income
42
3,686
3,751
642-43
Some employers offer stakeholder or private pensions as workplace pensions.
642
Plan your retirement income
43
3,752
3,827
642-44
Stakeholder pensions must meet standards set by the government.
642
Plan your retirement income
44
3,828
3,891
642-45
Find a lost pension
642
Plan your retirement income
45
3,892
3,911
642-46
The Pension Tracing Service might be able to trace lost pensions that you’ve paid into.
642
Plan your retirement income
46
3,912
3,999
642-47
Nominate someone to get your pension when you die
642
Plan your retirement income
47
4,000
4,049
642-48
Ask your pension provider if you can nominate someone to get money from your pension pot after you die.
642
Plan your retirement income
48
4,050
4,153
642-49
Check your scheme’s rules about:
642
Plan your retirement income
49
4,154
4,186
642-50
who you can nominate - some payments can only go to a dependant, for example your husband, wife, civil partner or child under 23
642
Plan your retirement income
50
4,187
4,315
642-51
what the person can get, for example regular payments or lump sums
642
Plan your retirement income
51
4,316
4,382
642-52
whether anything can change what the person gets, for example when and how you start taking your pension pot, or the age you die
642
Plan your retirement income
52
4,383
4,511
642-53
Sometimes the pension provider can pay the money to someone else, for example if the person you nominated cannot be found or has died.
642
Plan your retirement income
53
4,512
4,646
642-54
The person you nominate may have to pay tax if they get money from your pension pot after you die.
642
Plan your retirement income
54
4,647
4,745
642-55
Pensions from the government
642
Plan your retirement income
55
4,746
4,774
642-56
The pension you get from the government (‘State Pension’) is based on your National Insurance record when you reach State Pension age.
642
Plan your retirement income
56
4,775
4,909
642-57
You reached State Pension age before 6 April 2016
642
Plan your retirement income
57
4,910
4,959
642-58
You need 30 years’ worth of National Insurance contributions to get the full basic State Pension. You may also qualify for some Additional State Pension.
642
Plan your retirement income
58
4,960
5,113
642-59
You reach State Pension age on or after 6 April 2016
642
Plan your retirement income
59
5,114
5,166
642-60
The amount of new State Pension you’ll get depends on your National Insurance record. National Insurance contributions or credits made before and after 6 April 2016 can count towards your new State Pension.
642
Plan your retirement income
60
5,167
5,373
642-61
You’ll usually need at least 10 qualifying years of National Insurance contributions or credits to qualify for any State Pension.
642
Plan your retirement income
61
5,374
5,503
642-62
Find out how much State Pension you could get and when you can get it. You can also find out how you might be able to increase the amount you get.
642
Plan your retirement income
62
5,504
5,650
642-63
Getting more State Pension
642
Plan your retirement income
63
5,651
5,677
642-64
Deferring your pension
642
Plan your retirement income
64
5,678
5,700
642-65
When you reach State Pension age you have the option to defer your State Pension (delay payments). By doing this you’ll get more money for every year you defer.
642
Plan your retirement income
65
5,701
5,861
642-66
Pension Credit
642
Plan your retirement income
66
5,862
5,876
642-67
Pension Credit is for older people on a low income to make sure they get a minimum weekly amount. You’ll have to apply and all your sources of income (for example savings) will be checked to make sure you qualify. Getting Pension Credit may mean you’re eligible for other benefits too.
642
Plan your retirement income
67
5,877
6,162
642-68
You’re over 80
642
Plan your retirement income
68
6,163
6,177
642-69
People over 80 with little or no State Pension can apply for a payment of £82.45 per week from the government through the over 80 Pension. You cannot get the over 80 pension if you reach State Pension age on or after 6 April 2016.
642
Plan your retirement income
69
6,178
6,408
642-70
Working past State Pension age
642
Plan your retirement income
70
6,409
6,439
642-71
You might decide that you do not want to stop working when you reach State Pension age.
642
Plan your retirement income
71
6,440
6,527
642-72
If you do, you’ll no longer have to pay National Insurance.
642
Plan your retirement income
72
6,528
6,587
642-73
The law protects you against discrimination if you’re over State Pension age and want to stay in your job or get a new one.
642
Plan your retirement income
73
6,588
6,711
642-74
Staying in your job
642
Plan your retirement income
74
6,712
6,731
642-75
There is no official retirement age and you usually have the right to work as long as you want to.
642
Plan your retirement income
75
6,732
6,830
642-76
There are some circumstances when employers may have the right to set a compulsory retirement age that they choose.
642
Plan your retirement income
76
6,831
6,946
642-77
Your employer cannot make you redundant because of your age.
642
Plan your retirement income
77
6,947
7,007
642-78
Getting a new job
642
Plan your retirement income
78
7,008
7,025
642-79
You do not have to give your date of birth when applying for a new job. Employers cannot make you give this information if you do not want to.
642
Plan your retirement income
79
7,026
7,168
642-80
Employers also can not set an age limit for a job, unless they can justify it (for example because of certain physical abilities) or it’s a limit set by law, for example for the fire service.
642
Plan your retirement income
80
7,169
7,360
642-81
You can request flexible working at any age.
642
Plan your retirement income
81
7,361
7,405
642-82
Get help
642
Plan your retirement income
82
7,406
7,414
642-83
When planning your pension and retirement income you might need help with:
642
Plan your retirement income
83
7,415
7,489
642-84
choosing a personal or stakeholder pension
642
Plan your retirement income
84
7,490
7,532
642-85
planning your savings
642
Plan your retirement income
85
7,533
7,554
642-86
choosing how you want to get your retirement income
642
Plan your retirement income
86
7,555
7,606
642-87
delaying your State Pension payments (deferring)
642
Plan your retirement income
87
7,607
7,655
642-88
Where to get help
642
Plan your retirement income
88
7,656
7,673
642-89
You can get free guidance on your retirement savings options from:
642
Plan your retirement income
89
7,674
7,740
642-90
Money Advice Service
642
Plan your retirement income
90
7,741
7,761
642-91
Pension Advisory Service
642
Plan your retirement income
91
7,762
7,786
642-92
Pension Wise has information to help you decide what to do with your money if it’s in a ‘defined contribution’ pension. If you’re over 50, you can book an appointment to speak to someone.
642
Plan your retirement income
92
7,787
7,974
642-93
Paying for financial advice
642
Plan your retirement income
93
7,975
8,002
642-94
You can find an independent financial adviser:
642
Plan your retirement income
94
8,003
8,049
642-95
on the Unbiased website
642
Plan your retirement income
95
8,050
8,073
642-96
from the Personal Finance Society
642
Plan your retirement income
96
8,074
8,107
642-97
If you’re paying into a pension scheme, you can ask your pension provider about taking out up to £500 to pay for financial advice on retirement. You can do this once a year up to 3 times without a tax charge. Not all pension schemes provide this.
642
Plan your retirement income
97
8,108
8,354
643-0
Overview
643
Transferring your pension
0
0
8
643-1
You may want to move some or all of your pension fund (sometimes called a ‘pension pot’) if:
643
Transferring your pension
1
9
101
643-2
you’re changing job
643
Transferring your pension
2
102
121
643-3
your pension scheme is being closed or wound up
643
Transferring your pension
3
122
169
643-4
you want to transfer to a better pension scheme
643
Transferring your pension
4
170
217
643-5
you have pensions from more than one employer and want to bring them together
643
Transferring your pension
5
218
295
643-6
you’re moving overseas and want to move your pension to a scheme in that country
643
Transferring your pension
6
296
376
643-7
Get help and advice
643
Transferring your pension
7
377
396
643-8
You can get free, impartial information about transferring your pension from:
643
Transferring your pension
8
397
474
643-9
the Money Advice Service
643
Transferring your pension
9
475
499
643-10
the Pensions Advisory Service
643
Transferring your pension
10
500
529
643-11
You can also get impartial advice about workplace pensions from an independent financial adviser. You’ll usually have to pay for the advice.
643
Transferring your pension
11
530
670
643-12
If you’re concerned about a pension scam
643
Transferring your pension
12
671
711
643-13
Contact Action Fraud if you’re transferring a pension and are concerned about a scam.
643
Transferring your pension
13
712
797
643-14
You can also report a pension scam online to Action Fraud.
643
Transferring your pension
14
798
856
643-15
Transferring to a UK pension scheme
643
Transferring your pension
15
857
892
643-16
You can transfer your UK pension pot to another registered UK pension scheme.
643
Transferring your pension
16
893
970
643-17
You can also use it to buy a ‘deferred annuity contract’ - an agreement that gives you a guaranteed income in the future.
643
Transferring your pension
17
971
1,092
643-18
Transferring your pension pot anywhere else - or taking it as an unauthorised lump sum - will be an ‘unauthorised payment’ and you’ll have to pay tax on the transfer.
643
Transferring your pension
18
1,093
1,259
643-19
Before you make a transfer
643
Transferring your pension
19
1,260
1,286
643-20
Contact your current pension provider and the provider you want to transfer to. You’ll need to check if:
643
Transferring your pension
20
1,287
1,391
643-21
your existing pension scheme allows you to transfer some or all of your pension pot
643
Transferring your pension
21
1,392
1,475
643-22
the scheme that you wish to transfer into will accept the transfer
643
Transferring your pension
22
1,476
1,542
643-23
Get help and advice including if you’re concerned about a pension scam.
643
Transferring your pension
23
1,543
1,614
643-24
If you transfer your pension, you may:
643
Transferring your pension
24
1,615
1,653
643-25
have to make payments to the new scheme
643
Transferring your pension
25
1,654
1,693
643-26
have to pay a fee to make the transfer
643
Transferring your pension
26
1,694
1,732
643-27
lose any right you had to take your pension at a certain age
643
Transferring your pension
27
1,733
1,793
643-28
lose any fixed or enhanced protection you have when you transfer
643
Transferring your pension
28
1,794
1,858
643-29
lose any right you had to take a tax free lump sum of more than 25% of your pension pot
643
Transferring your pension
29
1,859
1,946