All change for 2025

redofromstart

The main info is here - don't forget to make sure that any pension deductions have actually been received by the pension company, and check that there are agreed records for his legal start date, normal salary and any holiday he has used over the last twelve months (regardless of any company set holiday year).  I would draft a letter confirming his understanding and see if you can get a director to sign it.

jwil

redofromstart said:

The main info is here - don't forget to make sure that any pension deductions have actually been received by the pension company, and check that there are agreed records for his legal start date, normal salary and any holiday he has used over the last twelve months (regardless of any company set holiday year).  I would draft a letter confirming his understanding and see if you can get a director to sign it.

Thank you, that's really helpful.  I don't know how to check the pensions, as the pension company is terrible and doesn't respond to queries.  We can't access it online, and can only see the annual statement.  One of the first things I'll be doing once things settle down is transferring it out!

jwil

PAD (Payment a Day)

Today's PAD - £2

Jan - £129
Feb - £63
Mar - £103
Apr - £133

jwil

I have no enthusiasm or energy for anything at the moment! Everything seems like such an effort.  Hopefully I'll snap out of it soon.

We are out in a bit as little miss is taking part in the St George's Day parade, so I've been catching up with sewing on all her badges this morning.  I've also helped DH update his CV and printed off a copy of the govt guidance so we can refer to it easily.  DH writes everything down so he has good records of what he understands, so we need to try and see if it correlates with the employer, I don't hold much hope.  It's frustrating that this is all going to take weeks/months to resolve.

I tried on the clothing purchases and thankfully have an outfit for the awards this week.  I have some items to return as well, so I think I can do that in store next week when I have to take the kids in town for their eye tests.  I'll see if there's a charge for online returns as it might be easier to drop off if not.

I sold an item this morning so that's been packed and posted.

It still feels like a long slog to payday, just a few more days now.  My current account is almost running on fumes.

redofromstart

If it is the Prudent people then they appear to have had problems recording contributions for a few years now, including public sector AVCs for a while.  ETA, that said they did our transfer to one of the 'fast transfer' people very quickly, but we did it after they had magically 'found' his allegedly missing contributions. 

jwil

redofromstart said:

If it is the Prudent people then they appear to have had problems recording contributions for a few years now, including public sector AVCs for a while.  ETA, that said they did our transfer to one of the 'fast transfer' people very quickly, but we did it after they had magically 'found' his allegedly missing contributions. 

It's Now.  Absolutely terrible.  Just looked at trustpilot and they have 75% 1 star reviews!  Even knowing that most people only review when they've got something particularly good or bad to say, I've never seen anything like that for a supposedly 'trusted' company.    We've tried to get in touch with them so many times but never had a response. I prefer this stuff to be done in writing so there is a paper trail.  I keep track of the expected balance based on contributions and update it with the annual statement so I'll have a rough idea of value when we do the transfer.  But given that they've never queried the expected retirement date which is set before DH is even 55, that says a lot (and that is what we've been trying to rectify for years).

savingholmes

Good luck to DH for a new job and getting the money he's owed and the pension transferred out. 

Sorry work is tough. You have a lot on your plant. Huge congrats on being shortlisted for an award. Hope the ceremony goes well. 

doingitanyway

I had a pension with them and they are not good. However, I got there in the end. I hope you manage to sort things out.

jwil

savingholmes said:

Good luck to DH for a new job and getting the money he's owed and the pension transferred out. 

Sorry work is tough. You have a lot on your plant. Huge congrats on being shortlisted for an award. Hope the ceremony goes well. 

Thank you

doingitanyway said:

I had a pension with them and they are not good. However, I got there in the end. I hope you manage to sort things out.

That's good that you managed to get it resolved - fingers crossed!

jwil

PAD (Payment a Day)

Today's PAD - £13

Jan - £129
Feb - £63
Mar - £103
Apr - £146