Bradford & Bingley Pensioner

indiemother

My Dad is 80 years old, frail and unwell, and anxious and worked for the BBBs all his life and has a Bradford & Bingley pension. He has just received a letter that has made him even more anxious about 'possible threats - "if any" to his pension'. Is his pension safe - what threats are they. He is too old and anxious to be scared about this!!! Can I reassure him all is OK?

dunstonh

There are no threats to his pension.

indiemother

Thanks so much - it just isn't right to be so worried at 80! Especially when he is so very sad at losing the company he worked for all his life - from Bradford Equitable.....and so on to BBBs.

MikeJones_2

indiemother wrote: »

He has just received a letter that has made him even more anxious about 'possible threats - "if any" to his pension'. Is his pension safe - what threats are they.

I'd be very interested (from a professional capacity) to know precisely what these 'possible threats - if any' were, as well as who they have come from.

Can you be more specific? (PM me if you don't want to go public)

Mike Jones

I work in the field of Pension Education and Pension Guidance in the UK. I am a current member of the Specialist Pensions Forum as well as being a Voluntary Adviser for The Pensions Advisory Service. I work with scheme members, employers, trustees, scheme administrators and advisers on most things to do with employer sponsored pension schemes. The views expressed by me in this thread are my personal opinions. You should seek professional advice from an appropriately experienced and qualified adviser. I am not an IFA.

indiemother

We have just had a letter from them confirming that everything is going to be as it was. Many thanks