We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
UC and disregarded money
Comments
-
Posted upthread (reply to Ned) , PI payments don't have to be in trust with PCWobbly_World said:
I'm not sure what the rules are for pension credits
This thread is worth a read https://forums.moneysavingexpert.com/discussion/6645427/uc-interestWobbly_World said:I know for ESA and UC the compensation is only disregarded for 12 months unless it is in a trust fund. In my case, the solicitor who handled my claim gave me information about trust funds and referred me to a separate department who dealt with trust funds. Years later I had another much smaller injury claim handled by a different solicitor and they had little knowledge of trust funds. The solicitors informed DWP of the compensation awarded and I received a letter from DWP compensation recovery unit confirming no recovery of benefits.
It's been ruled via case law that money needs to be in trust, it doesn't has to be in a PI Trust Fund to be disregarded past the 12 months.
Let's Be Careful Out There1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.7K Mortgages, Homes & Bills
- 179K Life & Family
- 263.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
