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    • dunstonh
    • By dunstonh 11th May 16, 12:27 PM
    • 98,597 Posts
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    dunstonh
    • #2
    • 11th May 16, 12:27 PM
    • #2
    • 11th May 16, 12:27 PM
    How do you know it was hard earned?
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • greenglide
    • By greenglide 11th May 16, 12:59 PM
    • 3,284 Posts
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    greenglide
    • #3
    • 11th May 16, 12:59 PM
    • #3
    • 11th May 16, 12:59 PM
    But it doesn't really fit the need, does it?

    Two of my previous employers are not on the list. I know one of them went bankrupt many years ago and the other either went bankrupt or closed down. I know that I transferred my benefits out of their schemes many years ago and the benefits are now safely in the LGPS, so their is no worry, for me.

    What about people who didnt transfer out in the past?

    The tracing service out to let people know what schemes they had been a member of. HMRC has the information in NIRS2, why doesnt tracing use that, rather than just give the contact details for schemes?
    • Pincher
    • By Pincher 12th May 16, 2:28 PM
    • 6,516 Posts
    • 2,491 Thanks
    Pincher
    • #4
    • 12th May 16, 2:28 PM
    • #4
    • 12th May 16, 2:28 PM
    I have always wondered how on earth they expect you to have the original policy certificate after forty years. I have had my car broken into, my safe ripped out, and lost certificates of all sorts left right and centre.


    I had US$1,000 worth of American pension contribution.
    God knows whether they have been sending mail to the old address, and whether a letter from England is believable or not.


    Some poor sod taught in Kenya for years, so had a state teacher pension. He came back to England, carried on working for another twenty years or so. Comes retirement, he writes to Kenya, and they say sorry, no records of you. Obviously he tried to chase it, but they just ignored him.


    We should have a blood DNA ID record with every policy, so you don't have some interloper claiming to be me and getting the lost pension. I can just send a vial of blood, and they will have to release the money, after 30 years.
    • dunstonh
    • By dunstonh 12th May 16, 3:02 PM
    • 98,597 Posts
    • 67,016 Thanks
    dunstonh
    • #5
    • 12th May 16, 3:02 PM
    • #5
    • 12th May 16, 3:02 PM
    I have always wondered how on earth they expect you to have the original policy certificate after forty years. I have had my car broken into, my safe ripped out, and lost certificates of all sorts left right and centre.
    Up until the mid 90s, that was the expectation. However, nowadays, there are only a handful that still ask for the policy document. Even then they have a form to get around it. Most use account number style basis nowadays.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • cheesetoast
    • By cheesetoast 12th May 16, 8:25 PM
    • 256 Posts
    • 165 Thanks
    cheesetoast
    • #6
    • 12th May 16, 8:25 PM
    • #6
    • 12th May 16, 8:25 PM
    The article makes it sound like you put in your NI number and it spits out a list of pensions you've got, rather than you having to search by hand.
    • venison
    • By venison 12th May 16, 9:09 PM
    • 3,477 Posts
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    venison
    • #7
    • 12th May 16, 9:09 PM
    • #7
    • 12th May 16, 9:09 PM
    I'd paid into a pension many years ago that had gone through many changes I used the tracing service and was gob smacked to find it was worth 12k
    If you are not part of the solution then you must be part of the problem.
    • greenglide
    • By greenglide 12th May 16, 9:57 PM
    • 3,284 Posts
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    greenglide
    • #8
    • 12th May 16, 9:57 PM
    • #8
    • 12th May 16, 9:57 PM
    The article makes it sound like you put in your NI number and it spits out a list of pensions you've got, rather than you having to search by hand.
    That is precisely what is needed and precisely what it doesn't do!


    HMRC holds a lot of the required information in the NPS (used to be NIRS2 ) system but there doesn't appear to be an easy way to find out.
    • buglawton
    • By buglawton 13th May 16, 6:50 AM
    • 8,464 Posts
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    buglawton
    • #9
    • 13th May 16, 6:50 AM
    • #9
    • 13th May 16, 6:50 AM
    HMRC probably thought about making the service more in depth, but that could give fraudsters an 'in'. Even so, the MSE article gives a misleading impression.
    • gadgetmind
    • By gadgetmind 13th May 16, 11:59 AM
    • 10,933 Posts
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    gadgetmind
    They could stick it on their shiny new pension gateway, which is so secure many people struggle to access it.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
    • Pincher
    • By Pincher 14th May 16, 4:08 PM
    • 6,516 Posts
    • 2,491 Thanks
    Pincher
    They could stick it on their shiny new pension gateway, which is so secure many people struggle to access it.
    Originally posted by gadgetmind

    What Pension Gateway?


    URL?


    Maybe I have to be the right age, otherwise I can't get into Diagon Alley.


    Got a GOV.UK Verify account. Self-Assessment only, I expect, despite the claim:


    "Verify your identity and get access to GOV.UK services as quickly as possible."
    • gadgetmind
    • By gadgetmind 15th May 16, 7:31 AM
    • 10,933 Posts
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    gadgetmind
    These are the two that I have bookmarked,

    https://www.gov.uk/future-pension-centre
    https://www.gov.uk/check-state-pension
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
    • mgdavid
    • By mgdavid 15th May 16, 9:33 AM
    • 6,221 Posts
    • 5,661 Thanks
    mgdavid
    .............
    Got a GOV.UK Verify account. Self-Assessment only, I expect, despite the claim:
    ............
    Originally posted by Pincher
    don't understand why you 'd want to be so negative. Here's the front page....


    The questions that get the best answers are the questions that give most detail....
    • buglawton
    • By buglawton 15th May 16, 10:01 AM
    • 8,464 Posts
    • 5,195 Thanks
    buglawton
    What Pension Gateway?
    URL?
    Maybe I have to be the right age, otherwise I can't get into Diagon Alley.

    Got a GOV.UK Verify account. Self-Assessment only, I expect, despite the claim:

    "Verify your identity and get access to GOV.UK services as quickly as possible."
    Originally posted by Pincher
    Well you do have a point, although obliquely put:
    When I had to do my first self-assessment I planned to do it online. Was fairly relaxed about the deadline. Finally early last December I popped online with my numbers ready, expecting it to take an hour or so.

    And... stopped dead by the Verify Account step. Which involved waiting for a piece of paper through the letterbox from HMRC, just to begin to get started. Mid January came, no bit of paper. Phoned HMRC (so much for online-government) and made a point that my deadline now needed extending, which they did. And managed to cajole the verification code out of them on the phone since I (and probably they too) didn't trust the postal method working in a timely way.
    • bigadaj
    • By bigadaj 15th May 16, 5:46 PM
    • 10,832 Posts
    • 7,171 Thanks
    bigadaj
    Well you do have a point, although obliquely put:
    When I had to do my first self-assessment I planned to do it online. Was fairly relaxed about the deadline. Finally early last December I popped online with my numbers ready, expecting it to take an hour or so.

    And... stopped dead by the Verify Account step. Which involved waiting for a piece of paper through the letterbox from HMRC, just to begin to get started. Mid January came, no bit of paper. Phoned HMRC (so much for online-government) and made a point that my deadline now needed extending, which they did. And managed to cajole the verification code out of them on the phone since I (and probably they too) didn't trust the postal method working in a timely way.
    Originally posted by buglawton
    Poor service, but did you really have to wait for over eight months from the end of the tax year to start filling it in?

    I've nearly completed mine for the last tax year, just suffering from some tardiness by my employer on gaining a P11D and confirmation from my sipp provider of actual contributions, though I have the latter and only need their info to double check.
  • jamesd
    HMRC is also happy to accept estimated returns on 6 April that you revise later. With no penalty for not getting a revision done by the end of January of the next year since you've already filed a return. Just tell them which numbers are estimated and why.
    • Pincher
    • By Pincher 16th May 16, 2:50 PM
    • 6,516 Posts
    • 2,491 Thanks
    Pincher
    don't understand why you 'd want to be so negative.
    Originally posted by mgdavid

    I just like to moan. It's good therapy to release the frustration of dealing with bureaucracy. No doubt regression therapy can reveal the root cause, probably they lost a triplicate form three times, and I blocked it out.


    That's another moan. If I needed NHS mental health therapy, I'll bet I won't get it. Call it being negative if you like.


    Actually, I just remembered. I went through four passport application forms last time, just because my signature touched the edge of the box. Groan.
    • Pincher
    • By Pincher 16th May 16, 3:29 PM
    • 6,516 Posts
    • 2,491 Thanks
    Pincher
    Originally posted by gadgetmind


    Thanks. I have been trying to get an online Pension Statement for the last few years. I think I got a paper forecast maybe seven years ago.


    I find the 154.07 a week in BIG BOLD type exasperating.


    My heart leapt with joy, as I was expecting around 80 a week. The joy soon plunged as I scrolled down to the next page, where it says based on my NI record, I will get 86.06 a week, but if I continue to contribute until 2030, I will get the 154.07.


    Having not contributed for 16 years, I am hardly going to start now.


    Just wanted to know what I will get under this New Pension set up. Not much difference from the old set up, as far as I'm concerned.
    • gadgetmind
    • By gadgetmind 16th May 16, 6:47 PM
    • 10,933 Posts
    • 8,916 Thanks
    gadgetmind
    Actually, I just remembered. I went through four passport application forms last time, just because my signature touched the edge of the box. Groan.
    Originally posted by Pincher
    Well, they do tell you the rules, and since when have government departments shown any flexibility when it comes to their all-important rules?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
    • gadgetmind
    • By gadgetmind 16th May 16, 6:49 PM
    • 10,933 Posts
    • 8,916 Thanks
    gadgetmind
    Having not contributed for 16 years, I am hardly going to start now.
    Originally posted by Pincher
    Why, out of interest? Most people do find some way of building up the years. My wife worked for about three years, had a twenty year break when offspring came along, but still has 30+ years already.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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