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My pension lump sum was paid out but not to me

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  • Eldi_Dos
    Eldi_Dos Posts: 1,961 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 21 May at 8:20AM
    @BikingBud
    You say there is no beef with the other party but do we know that. Although name and date of birth may be the same it is unlikely that period of service matched up as well.
    The lump sum may have been very welcome to the Op in 2016 and may even had a effect on the tax paid by them that year.
  • BikingBud
    BikingBud Posts: 2,069 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Eldi_Dos said:
    @BikingBud
    You say there is no beef with the other party but do we know that. Although name and date of birth may be the same it is unlikely that period of service matched up as well.
    The lump sum may have been very welcome to the Op in 2016 and may even had a effect on the tax paid by them that year.
    So what?

    Unless the OP has a relationship with the party that got the payment, and it might then undermine that relationship, it makes difference if it was King Tut or the Queen of Sheeba that is all down to the pension provider to sort not the OP.

    Yes the lump sum may have been welcome and the effect of any monies paid on the tax burden may yet to become apparent but they require 2 separate activities.

    One of which is nothing to do with the OP so why get concerned? Why waste emotional involvement? 
  • MallyGirl
    MallyGirl Posts: 6,955 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Glad you got it sorted and thanks for coming back to update the thread
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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