📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Lost Pension - help please!!

Options
Curosurf73
Curosurf73 Posts: 2 Newbie
edited 1 October 2013 at 6:03PM in Budgeting & bank accounts
Dear MSE forum users

Really hoping someone might be able to provide some genius advice for us please.
Story goes like this: Dad changed bank account to improve accessibility. He was advised by the new bank that they would deal with everything - I am a little concerned that he may have misunderstood what they were able and not able to do. Old account then closed. Pension still set up for old bank account. Pension people saying that the old bank still has this money where as they are saying because the account was closed they cannot accept it so return it back to its original destination. This has now been going on for over a month with both parties denying any knowledge of where this payment is currently residing and as a result my Dad is £900 down.

Can anybody please provide any advice that may help sort this out please? Many thanks for reading
C73 xx

Comments

  • If the original bank account was closed then it cannot be in that bank and would have been returned to DWP.
    Getting them to sort anything out ---- well don't let me start on them!!!
  • mgdavid
    mgdavid Posts: 6,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    same thread on Pensions section.
    OP, Please do not double-post.
    The questions that get the best answers are the questions that give most detail....
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The dwp would have to put a trace on the payment.
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.