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Housing Benefit refused because of Personal Pension

melb01 · 2015-07-26 16:16:01

Hi, We have been refused HB because I have £12000 in a Personal Pension plan. I am 68 and probably should take an annuity, but this would result in an income of less than £700pa. If I took the Personal Pension now in cash, using the post April 2015 freedoms, then it would be subject to fees and income tax. So, I really…

Comments

p00hsticks Posts: 14,612 Forumite

8 September 2015 at 6:16AM

POPPYOSCAR wrote: »

A Pension is not rainy day money, it is income in retirement.

Glad you got it sorted out OP.

But OP is above state retirement age and said in their original post that they were not prepared to access it because "I really want to keep this small sum back for a rainy day."

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