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Pension company not allowing me to move my money due to ex-employer not updating address

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Comments

  • garmeg said:
    garmeg said:
    dunstonh said:
    The pension company say the address update MUST come from my employer and not me. There is no way to change it in my account as it's such a simplistic system.

    Is the pension an occupational pension scheme in a traditional sense or is it a group personal pension/stakeholder pension operated by an insurance company.   Often the way to tell is that a traditional occupational pension requires you to communicate via an administrator or the employer HR/pensions department (even where there may be an insurance company running the pension scheme).  Whereas a group scheme will take instructions from you.

    Where there is an administrator company or the employer HR/pensions department do the work, the administration for things like change of address goes through them.  

    Is this illegal in some way? 

    It wont be illegal.  its just messy 

    I have no idea, but pension B had a section on my account where I could update all my details, pension A doesn't have this - are they two different types?
    It's just the pension that I was enrolled into automatically - I don't think they are an insurance company.
    Super messy!
    Can you not write to company A giving your new details?
    Have done, they won’t accept it from me, only my ex employer.

    It’s Now Pensions.
    How useless is that. Pathetic.
    My thoughts exactly - I’ve even got the proof I’ve asked my employer to change it. Hopefully they’ll accept that but no word as yet.
  • dunstonh
    dunstonh Posts: 120,207 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Never had a problem with that with either Nest or Now where the employer has confirmed to the auto-enrolment scheme that you are no longer a member.   Where the employer has failed to notify them, then there have been issues where the employer has had to handle some things.
    So, either there is some miscommunication or a mistake. Both of them should accept a change of address without issue.
    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.
  • tangerine27
    tangerine27 Posts: 42 Forumite
    Fifth Anniversary 10 Posts Name Dropper Combo Breaker
    edited 3 December 2020 at 9:40AM
    dunstonh said:
    Never had a problem with that with either Nest or Now where the employer has confirmed to the auto-enrolment scheme that you are no longer a member.   Where the employer has failed to notify them, then there have been issues where the employer has had to handle some things.
    So, either there is some miscommunication or a mistake. Both of them should accept a change of address without issue.
    There’s definitely some sort of miscommunication seeing as I moved house 1 year 4 months ago and Now pensions still don’t know about it!
    Nest was absolutely fine, I had long since left that job but I just went onto my account, updated my address and put in the transfer request! Whereas Now are being an absolute pain :(
  • xylophone
    xylophone Posts: 45,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Never had a problem with that with either Nest or Now where the employer has confirmed to the auto-enrolment scheme that you are no longer a member.  

    OP previously said
    That's the thing... when I log into my pension it still says it's active and has no end date! 


  • xylophone
    xylophone Posts: 45,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 3 December 2020 at 4:27PM
    OP, is the latest situation that you now have a pension with  provider C and have successfully transferred your NEST pension (B) into it?

    You still wish to transfer your NOW pension (provider A) into provider C?

    You may have seen link below - you might also consider contacting TPAS who may be able to assist.
    https://www.nowpensions.com/help-centre/faqs/contact-details/employee-complaints-process

    https://www.pensionsadvisoryservice.org.uk/
  • penners324
    penners324 Posts: 3,550 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I had a NOW pensions account, when I moved I logged into my account, went to settings and changed my address.
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