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possible overpayment of Pension

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Would anyone know how long the company to ask (and be entitled to) any monies back if error was on their part?


Thanks


Rebecca

Comments

  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    The Pensions advisory service says http://www.pensionsadvisoryservice.org.uk/common-areas-of-concern/mistakes-and-overpayments

    Google "overpayment of pension"
  • rebecca1
    rebecca1 Posts: 105 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Greenglide


    Do you think these rules apply to a Private pension scheme rather than a State pension? Thanks


    Rebecca
  • dunstonh
    dunstonh Posts: 119,737 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The guide is useful but I dont think it specifies a maximum period as there is no maximum period. A mistake is a mistake. As the guide says, you are not entitled to profit from a mistake. It doesnt say you can profit from it if happens for longer than x years.
    Do you think these rules apply to a Private pension scheme rather than a State pension? Thanks

    It applies to personal and occupational. Not state.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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