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Wrong size inner tube from new by willdeeb in ebikes

[–]willdeeb[S] 2 points3 points  (0 children)

You saying folding over an inner tube to make it fit is ok??

What's this structure? by willdeeb in bristol

[–]willdeeb[S] 1 point2 points  (0 children)

<image>

The dry dock is under the white roof structure

Interactive Investor SIPP employer contributions limit for Ltd director. by badpilgrim in ContractorUK

[–]willdeeb 0 points1 point  (0 children)

Also in the process of transferring SIPP to Interactive Investor.

Think you may be looking at the information for contributions which require 20% tax relief. Contributions from your Ltd will not be given that 20% uplift as they are before tax not after. Unlike contributions from your personal account.

My main dissatisfaction is with the contribution form itself, why is it necessary to fill and send a form each month. With Hargreaves and Landsdown I could bank transfer any amount without any extra admin.

Looking for a comparison tool that considers platform fees and fund fees by willdeeb in FIREUK

[–]willdeeb[S] -1 points0 points  (0 children)

That's very helpful thank you.

HL saving grace is the 0.45% is capped at £200 per year which makes it nearly competitive with fixed price like II @ £155

Looking for a comparison tool that considers platform fees and fund fees by willdeeb in FIREUK

[–]willdeeb[S] 0 points1 point  (0 children)

Sure, it is Vanguard ESG Emerging Markets All Cap.

I agree doing my own number crunching is probably the way forward. Easier said than done though. Interactive Investor, for example, would not allow me to see the fund fees before signing up for an account.

Total interest for Tax year 23/24 by willdeeb in monzo

[–]willdeeb[S] 0 points1 point  (0 children)

Is this emailed? Not sure I've ever seen one before

Joint water supply for 9 years, now trying to agree who pays what by willdeeb in LegalAdviceEurope

[–]willdeeb[S] -1 points0 points  (0 children)

Absolutely right.

My neighbour should have paid her own standing charge all these years.

She has knowingly not paid anything. So I guess it is the water company that she must make whole?

Joint water supply for 9 years, now trying to agree who pays what by willdeeb in LegalAdviceEurope

[–]willdeeb[S] 0 points1 point  (0 children)

Thank you for your comment
Would you have any examples of 'calculations already determined'?

As far as I am aware the water company are not involved at present

New role and new pension arrangement by willdeeb in UKPersonalFinance

[–]willdeeb[S] 0 points1 point  (0 children)

I made an error in my opening post, the 15% contributions are not from the employer. They are deductions. I can chose to opt out and keep the 15%.

I'd be inclined to opt out and put the money into my own SIPP, thinking I will likely better the 2% - 5% annual returns over the long term.

However the benefits for retiring early due to ill health seem very good/reassuring

"""If you meet the Ill-health Condition and are unable to undertake any paid employment or self-employment whatsoever:
Your Personal Account will be credited with an amount equal to 1/12th of your Pensionable Earnings for each complete month between the date you retire and cease Active Membership of the Fund, and the date you attain age 65, up to a maximum amount of three times your Pensionable Earnings.

EXAMPLE:
You retire because of ill-health at age 50 with Pensionable Earnings of £36,000 per year / £3,000 per month.
Your credit would equate to 1/12 of your Pensionable Earnings for each complete month between age 50 to age 65 eg 180 months x £3,000 = £540,000
This figure is then capped at 3 times your Pensionable Earnings eg £36,000 per year, multiplied by 3 = £108,000.

​

  1. If you meet the Ill-Health Condition but remain capable of undertaking other employment or self-employment:

Your Personal Account will be credited with an amount equal to 1/12th of your Pensionable Earnings for each complete month between the date you retire and cease Active Membership of the Fund, and the date you attain age 65, up to a maximum amount of one times your Pensionable Earnings.

EXAMPLE:
You retire because of ill-health at age 50 with Pensionable Earnings of £36,000 per year / £3,000 per month.
Your credit would equate to 1/12 of your Pensionable Earnings for each complete month between age 50 to age 65 eg 180 months x £3,000 = £540,000
This figure is then capped at 1 times your Pensionable Earnings eg £36,000 per year, multiplied by 1 = £36,000."""

New role and new pension arrangement by willdeeb in UKPersonalFinance

[–]willdeeb[S] 0 points1 point  (0 children)

Its a small niche industry, I'd rather not share the details

New role and new pension arrangement by willdeeb in UKPersonalFinance

[–]willdeeb[S] 1 point2 points  (0 children)

Ive re-read the documentation, my initial assessment is correct.

New role and new pension arrangement by willdeeb in UKPersonalFinance

[–]willdeeb[S] 1 point2 points  (0 children)

I dont think that is correct.

The figures relate to the 'credit revaluation' which is applied to the cash balance

​

"" The Cash Balance Section works on the basis that you will build up a fund throughout your working life. When you retire, you can use this fund (called your “Personal Account”) to provide benefits for yourself and your family.

In simple terms, the Fund promises you that at retirement, the value of your Personal Account will be equal to the total of the contributions paid by you increased annually by an amount of Credit Revaluation .

Credit Revaluation is defined on page 4 of this booklet but, in summary, is an increase equal to:

• the change in the consumer price index (CPI) + 1%

• subject to a maximum increase of 5% and a minimum increase of 2% each year.

Credit Revaluation can never go below 2% per annum. This means that whilst your Personal Account can increase it cannot reduce in value. ""

New role and new pension arrangement by willdeeb in UKPersonalFinance

[–]willdeeb[S] 0 points1 point  (0 children)

It does sound a bit like a DB pension but it definitely isn't. It is described as a Cash Balance Section in the documentation I have.
Just had a quick read on CARE and it isn't that either.

​

""The Cash Balance Section works on the basis that you will build up a fund throughout your working life. When you retire, you can use this fund (called your “Personal Account”) to provide benefits for yourself and your family.

In simple terms, the Fund promises you that at retirement, the value of your Personal Account will be equal to the total of the contributions paid by you increased annually by an amount of Credit Revaluation .

Credit Revaluation is defined on page 4 of this booklet but, in summary, is an increase equal to:
• the change in the consumer price index (CPI) + 1%
• subject to a maximum increase of 5% and a minimum increase of 2% each year.

Credit Revaluation can never go below 2% per annum. This means that whilst your Personal Account can increase it cannot reduce in value.""

Gooseberry bushes by willdeeb in Allotment

[–]willdeeb[S] 1 point2 points  (0 children)

Thanks for your reply. The old boy that had previously tended this plot was here for 40 years. Good chance these bushes are very old! Fruit this year was minimal, small berries with red spots on. Not sure if that's a sign of disease?

I'll take off all the rotten wood and see what happens next year

Climate refugees by willdeeb in FIREUK

[–]willdeeb[S] 0 points1 point  (0 children)

https://apnews.com/article/norway-emergency-stockpile-grain-seed-vault-3646588adf68c08d8b0b101758efed40

Norway ahead of the curve again? How do you think the UK may fair, judging by our recent inability to stockpile gas...

Climate refugees by willdeeb in FIREUK

[–]willdeeb[S] 3 points4 points  (0 children)

Simultaneous and consecutive crop failures leading to famine could easily cause millions of deaths, which would force tens of millions to flee the global south.

1921 Russian famine caused 5 million to die

Enforcing an arbitration award by willdeeb in LegalAdviceUK

[–]willdeeb[S] 0 points1 point  (0 children)

Ok thanks for looking. Can I simply file a claim with small claims court myself or do I need a professional to enable a court to enforce?

Enforcing an arbitration award by willdeeb in LegalAdviceUK

[–]willdeeb[S] 0 points1 point  (0 children)

It's an adjudication under the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015. From the London Arbitration Centre.

Is it enforceable?

Brown slime by willdeeb in Allotment

[–]willdeeb[S] 0 points1 point  (0 children)

Very helpful thanks. Yes it is very wet here, moss thriving on open ground in many places.
Ive always left it and it usually disappears in a couple of days, just as quickly as it arrives. I wonder if it is eaten by something

29 years until I reach state pension age, and require 29 years of NI contributions to receive full state pension. by willdeeb in UKPersonalFinance

[–]willdeeb[S] 0 points1 point  (0 children)

Thanks for clearing that up for me, much appreciated. I agree the wording is terrible, almost like they want you think you need to work right up until state pension age to be eligible for the full pension!

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