Equitable Life Policyholders - Happy New Year?
Discussion
Any idea what happens next?
I want to transfer mine into my existing SIPP, but I've been waiting for the process to finish.
From what I've briefly read, I should be getting a revised statement at the end of this month, at which point all of the compensation / adjustments will be complete.
Does anyone have any more detailed information?
I want to transfer mine into my existing SIPP, but I've been waiting for the process to finish.
From what I've briefly read, I should be getting a revised statement at the end of this month, at which point all of the compensation / adjustments will be complete.
Does anyone have any more detailed information?
We should be getting a letter by the end of January with our final policy balance.
If you haven't done anything yet regarding what type of fund you want Utmost to open for you, the money will be held in a cash account for 6 months.
Therefore, you have 6 months to move the wedge to your SIPP before Utmost will open a fund for you.
All here.
https://www.utmost.co.uk/equitable-life/equitable-...
I'm minded to move to an existing pot, but I've no idea of Utmost performance / charges.
If you haven't done anything yet regarding what type of fund you want Utmost to open for you, the money will be held in a cash account for 6 months.
Therefore, you have 6 months to move the wedge to your SIPP before Utmost will open a fund for you.
All here.
https://www.utmost.co.uk/equitable-life/equitable-...
I'm minded to move to an existing pot, but I've no idea of Utmost performance / charges.
55palfers said:
We should be getting a letter by the end of January with our final policy balance.
If you haven't done anything yet regarding what type of fund you want Utmost to open for you, the money will be held in a cash account for 6 months.
Therefore, you have 6 months to move the wedge to your SIPP before Utmost will open a fund for you.
All here.
https://www.utmost.co.uk/equitable-life/equitable-...
I'm minded to move to an existing pot, but I've no idea of Utmost performance / charges.
I have been all over their website and just called them. They could not tell me either.If you haven't done anything yet regarding what type of fund you want Utmost to open for you, the money will be held in a cash account for 6 months.
Therefore, you have 6 months to move the wedge to your SIPP before Utmost will open a fund for you.
All here.
https://www.utmost.co.uk/equitable-life/equitable-...
I'm minded to move to an existing pot, but I've no idea of Utmost performance / charges.
It is quite terrible TBH.
It is. Worth more than I thought. Put £5k in 20 years ago and I remember it being worth about £1800 when the st hit the fan. So never bothered with them again.
Anyway now worth £13246. I take it I can move this to a vanguard SIPP when they get going
I've just read the thread from the top. Appears I can
Anyway now worth £13246. I take it I can move this to a vanguard SIPP when they get going
I've just read the thread from the top. Appears I can
Edited by forest172 on Wednesday 5th February 21:41
I have to admit I'm as confused as fk about my pension status. I've got twenty nine years of self employed NI contributions, a pension with Prudential from when I think I opted out of something when I had a 'proper' job in the late eighties, a pot that I have paid £32 a month into since 1991 with Equitable (now Utmost) and a couple of months contributions to a workplace pension when I had a little flip out in 2018 and packed everything in and got a job elsewhere before I realised what a tit I'd been.
Can I combine all them into one pot? Would that be prudent? Can anyone recommend a financial advisor or such like that could guide me?
Can I combine all them into one pot? Would that be prudent? Can anyone recommend a financial advisor or such like that could guide me?
My letter has arrived!
A reasonable uplift from the last Equitable statement I had in May 2019.
Given that I thought my money had mostly gone down the toilet 20 years ago, I suppose I am relieved to be where I am today.
We need to see what the fee structure of Utmost will be regarding staying with them or moving it out to another pot.
A reasonable uplift from the last Equitable statement I had in May 2019.
Given that I thought my money had mostly gone down the toilet 20 years ago, I suppose I am relieved to be where I am today.
We need to see what the fee structure of Utmost will be regarding staying with them or moving it out to another pot.
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