Bank statement???

huffyharry

My mum& dads state pension get paid into my bank account, will this count as my money if i was to claim income based jsa.

sorcerer

That's a strange setup, I am surprised they let you do that, but if it get's paid into your account, then it's your money. It might be classed as capital or even income.

[Deleted User]

if its in your account and you can withdraw it then its YOUR money

A.Penny.Saved

It might be worth getting them a basic bank account and changing where the money is paid.

It's not really a good arrangement IMO.

rogerblack

woodbine wrote: »

if its in your account and you can withdraw it then its YOUR money

This is incorrect.
It is quite possible to have money in your account, which is not legally yours, and that the DWP accept is not yours.

http://www.dwp.gov.uk/docs/dmgch29.pdf - for example - search for 'Pradeep'.

Consider that the director of your bank has the power and the ability to withdraw funds from your account. This does not make it his!

It is however a confusing position, and to avoid the significant possibility of an initial incorrect decision, you should encourage/help them open an account for themselves.
You could then if they wish, operate this for them.

annie1975_2

Its easy enough for them to trace that the money is coming in for "Their Pension",and that the money isnt yours?

seven-day-weekend

Tell your mum and dad to open their own bank account. AFAIK, any money coming into your account, that you can withdraw, is classed as your money.

huffyharry

Thanks for replys everyone.

They have a basic account but It goes into my account as I pay all their bills through direct debit. Will get them transferred back to their account just incase it causes problems. Hopefully I get a job after being made redundant in December and wont need to claim the jsa anyway.

Pollycat

It will show on the OP's statement as:
<Dad's NI number DWP SP>
<Mum's NI number DWP SP>

so should be quite clear that it's not the OP's (who presumably is under state pension age) money.

But I agree with RogerBlack, it's a strange situation and I would get their pension paid into their own account and set up direct debits for bills from that account.

Then your finances and theirs will be separate.

huffyharry

I don't think its strange it's just that they only have a basic bank account so can't pay things through direct debit, that's why I have always paid things for them. I deal with everything for them bills, insurance etc.

Pollycat

Is there a specific reason why they don't hae a bank account that they can pay their own bills through?