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 Hi ExpertsWhat would happen to my personal pension

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T O P I C    R E V I E W
rij50 Posted - 08 March 2009 : 16:36:52
Hi Experts,What would happen to my personal pension if I was to go down the bankruptcy road?
4   L A T E S T    R E P L I E S    (Newest First)
LastResort Posted - 08 March 2009 : 19:56:51
Hi

I hadn't even thought about my pension! I'm only 30 so I wouldn't touch it for a long time. Would they be notified then? The pension administrator sits behind me at work

John Posted - 08 March 2009 : 19:39:19
Hi

if its serps related and you will not be in receipt for another 15 years then the chances are the pension is safe.

I would advise you to speak to your pension provider on the subject.

John White
England Jackman & Spacey
rij50 Posted - 08 March 2009 : 19:32:04
Thanks John not to sure what you mean about receipts,I will not be getting anything from the pension for another 15 years and also I think its a serps related pension hope that helps thanks

John Posted - 08 March 2009 : 19:06:19
Hi

that rather depends on whether you are claiming receipts now or not and if it will become due during your bankruptcy, and also whether or not it is an inland revenue approved scheme.

John White
England Jackman & Spacey

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