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Ask a Scottish Widows expert your questions on pensions and retirement - 3 x £100 voucher to be won!

(119 Posts)
EmmaMumsnet (MNHQ) Thu 21-Mar-19 10:21:52

This activity is now closed. You can view the answers here.

We are working with Scottish Widows to help answer any questions you have on pensions and retirement. With minimum workplace pension contributions increasing in April, from 5% to 8%, we’d love to hear your questions or any thoughts you have, either on this or about pensions and retirement in general.

Scottish Widows Retirement Expert Jackie Leiper has volunteered to answer your top questions and is passionate in helping women plan for their financial future.

Jackie said: “We know women face their own unique challenges in saving for the future. With more women working part time and many of us going on maternity leave at various points in our careers it’s often difficult to know if you’re saving enough for your future.

With an increase to workplace pensions in April I want to help explain what the changes could mean for you and how a small increase now could really make a big difference to your future.

I’d love to hear your thoughts and questions on the changes or anything that’s in the back of your mind regarding saving for retirement.

To help get you started and explore the upcoming changes you can watch our Pension Basics film or visit our website to see how it could impact you.”

Whatever questions you have around pensions and retirement, please post them below and we will choose 10 for Jackie to answer. Everyone who posts a question below will be entered into a prize draw to win one of three £100 vouchers of their choice (from a list).

Thanks and good luck with the prize draw.


Terms & conditions apply

Halmo Wed 03-Apr-19 23:04:30

What are the different options for taking your pension at retirement and how are they taxed? Also, what happens to workplace pensions if you die - do you lose the money saved or can they be inherited?

queenoftheschoolrun Thu 04-Apr-19 14:27:04

I have several pension pots from various different employers including my present job. I'd like to start making additional payments myself - how do I decide which one is best to pay into? What should I be looking at?

clopper Thu 04-Apr-19 19:55:09

I have a teachers pension but I’m not sure what age I can start using it. How can I find out

CopperPan Thu 04-Apr-19 21:42:00

How can I track down pensions from jobs that I did over ten years ago? I'm not even sure I paid into a pension, but I worked for the companies for quite a few years so I think I must have?

danigrace Mon 08-Apr-19 15:02:42

What's the best way to arrange a pension if you are part time self-employed?

StickChildNumberTwo Mon 08-Apr-19 16:13:46

My husband and I have separate work pensions. How will they cover us when one dies (before or after retirement)?

Quietvoiceplease Tue 09-Apr-19 06:54:02

What's the best place to find out independent information about income required in retirement, and the best way of saving for this? I have a work-based pension, but feel very illiterate about the whole arrangements.

bikerclaire Tue 09-Apr-19 11:14:08

I've seen a lot of new apps coming into the market promoting their service which combines old pensions together but I was advised before that overall it's probably better to keep them separate, what is the current advice on this please?

elizaco Tue 09-Apr-19 14:23:28

I pay into the NHS pension as part of my job. Is it possible to and would you recommend paying into a personal pension too?

AlliKaneErikson Sat 13-Apr-19 23:10:53

It is worth me starting a pension at my age (43)? I had a good job with a pension attached but had to finish full time work a few years ago due to injury; I now only work part time in a different job with a much lower wage and no workplace pension.

centralmix Thu 25-Apr-19 07:51:47

MUMSNET - Is there an update to these pension questions?

CredulousThicko Thu 25-Apr-19 11:23:31

I once had a boyfriend whose parents started a pension for him on his 18th birthday. At the time I laughed, but now I would like to know if this is genuinely the best way to do it? As you can imagine the monthly payments were very low so is it worth doing this for my own dc's?

centralmix Thu 25-Apr-19 14:51:03

Erm ... that should have said PLEASE. blush... does this emoji mean

Gatoadigrado Tue 30-Apr-19 06:57:35

How big is the gender gap in pensions? We hear a lot about women being disproportionately affected by having insufficient funds in their pension pot

paddles100 Thu 23-May-19 13:30:47

Are we getting any feedback to these questions please? Thanks

GreasedPiglet Thu 23-May-19 14:12:12

I wonder if the feedback will be before or after we've all retired 😄.

OnePotMeal Fri 24-May-19 18:23:46

I'm as late to the thread as I am to pension planning! What advice can you give to someone in their fifties with no retirement planning whatsoever?

JustineBMumsnet (MNHQ) Tue 28-May-19 11:56:34

Hi all - thanks for leaving your questions!

You can find the answers here smile

GreasedPiglet Tue 28-May-19 12:14:13


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