Pensions

  • 57 replies
  • 49 subscribers
  • 2057 views

Hi all,

Just finished a long 4 month battle with my pension providers to cash out my plans due to having incurable/terminal cancer.

Still got mortgage and bills to pay and don't qualify for any benefits so need the money to live a bit whilst still here.

You would think as it's a standard procedure it would be easy but it's been a nightmare I have several pots of pensions ( moved around a lot) but most provided by two of the big providers.

I had 4 plans with one provider and they all wanted individual forms filled out and completed by the hospital my oncologist was geat but they they wanted verbal proof x4 the Dr had completed it and getting hold of a busy Dr in hospital not easy.

Just wanted to put that out there anyone had good bad experiences of it?

Disclaimer Standard Life  amazing one phone call one page filled in by GP and money in bank within 2 weeks .

Have a good day out there ( going for a suntan as cold to the bone here )

  • Well Ulls, I really think you should be having a serious discussion with your wife for calling you 'old'! LOL,,

    Love Annette x

    Yesterday is History, Tomorrow is a Mystery, Today is a Gift!!!
  • Morning Annette, I agree it's the logical answer,  though i want the day to be all Sheila could wish for. I am fortunate that the cost's are not an issue, i would pay for everyone's flights and accommodation  wherever we get married, It's just difficult for some to take a week off work,  take care.

    love Eddie xx

  • Hi Eddie, Sometimes the problem isn't money but the length of the flight some won't tolerate. At the moment anything over a 3 hour flight is a no no for me. It would be a shame if people you really wanted to be there, couldn't manage the flights! I'm sure Sheila and you will work it out! X

    Love Annette x

    Yesterday is History, Tomorrow is a Mystery, Today is a Gift!!!
  • Hi Annette sorry i took so long to reply, we Sheila and I were talking about many issues, who's been long haul, who's been on a plane, who can't fly for medical reasons and then who can get a week of work,, family commitments, child minders, pet care or other commitments, I even doubt all my family could make it, Luckily there's 6 months to resolve things.

    love Eddie xx

  • I am having a problem cashing one of my pensions they want to deduct 33% as I am cashing in early very frustrating I am now fighting on my diagnosis has been 6 months should have a decision soon.

  • Hi JSB4 ,if you can get a terminal illness diagnosis you should be able to cash in tax free no matter how early ( I did and only 52) hope it goes well keep at it .

  • Thank you still_here the 33% is before tax!! I will speak with my doctor about the diagnosis wishing you well.

    Jacquie