Missing Pension

Cptralls

dunstonh said:

Cptralls said:

dunstonh said:

Cptralls said:

Jonty6262 said:

Cptralls said:

I'll give Baird Group a call tomorrow. 

Let us know how you get on

Nothing with them, unfortunately. I was also put in touch with Alix who oversaw the winding down of the Ben Sherman group I worked for, I think I am coming to the end of the line. Whilst any pension pot would have been modest, it seems to be lost forever. 

It is possible that the period in question had no pension scheme available and was just a hollow stakeholder pension.

My memory is vague as it was from ten years ago and I wasn't with the company very long but there was something at the time,  I sent the company may not have set it up, and hence why it is currently missing. 

That is why I think it may have been a hollow stakeholder pension.   In 2001, companies were required to offer a stakeholder pension, if they had no other pension scheme available.  They had to nominate a provider and make you aware of it.  However, they didn't have to pay into it and because of that most employees never bothered with it.

If you had set one up, they would have sent you annual statements.

That could be it, I didn't set one up at the time - I was included within whatever the company had opted me into.

Marcon

Cptralls said:

dunstonh said:

Cptralls said:

dunstonh said:

Cptralls said:

Jonty6262 said:

Cptralls said:

I'll give Baird Group a call tomorrow. 

Let us know how you get on

Nothing with them, unfortunately. I was also put in touch with Alix who oversaw the winding down of the Ben Sherman group I worked for, I think I am coming to the end of the line. Whilst any pension pot would have been modest, it seems to be lost forever. 

It is possible that the period in question had no pension scheme available and was just a hollow stakeholder pension.

My memory is vague as it was from ten years ago and I wasn't with the company very long but there was something at the time,  I sent the company may not have set it up, and hence why it is currently missing. 

That is why I think it may have been a hollow stakeholder pension.   In 2001, companies were required to offer a stakeholder pension, if they had no other pension scheme available.  They had to nominate a provider and make you aware of it.  However, they didn't have to pay into it and because of that most employees never bothered with it.

If you had set one up, they would have sent you annual statements.

That could be it, I didn't set one up at the time - I was included within whatever the company had opted me into.

...but they could only send annual statements if they had your address - hence the question in my first post asking if you'd moved.

In 1988 the law changed, meaning that employers could no long make membership of any pension arrangement compulsory. The company couldn't 'opt' you into anything unless they were already subject to auto enrolment requirements, and in 2013 those requirements only applied to the very biggest employers. I think it's likely from what you say that you were never actually in a pension scheme at all, which could explain your frustrating quest. 

LHW99

If you have any payslips from the time, they should confirm if you did pay into a pension or not.

Cptralls

LHW99 said:

If you have any payslips from the time, they should confirm if you did pay into a pension or not.

I only have my P45 and the company records only go back six years.

Cptralls

No luck, I went around the houses, the best I can ascertain is one of the following two:

1. I likely have an historic pension with Ben Sherman but it's possibly beyond trace.

2. An administrative error on Ben Sherman's side has meant no pot was ever setup.

Either way I'm at the end of the line. 

elouise01582

Maybe when the Pension Dashboards are set up your pension will magically appear. You never know.