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Old 23-09-2024, 22:14   #350
Escapee
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Re: Here comes the tax rises

Quote:
Originally Posted by papa smurf View Post
do you suspect government interference ?
No, I don't suspect that is the reason. I suspect it's the sheer volume of people rushing to get their money before the budget.

---------- Post added at 22:14 ---------- Previous post was at 22:04 ----------

Quote:
Originally Posted by Damien View Post
The Government hasn't changed the rules on that. It's a routine transaction with the pension provider. It should be quick and easy to progress as it will be largely automated.
Agreed, I can understand the chaos with people rushing to sort out frozen company or private pensions. But he has already transferred his pensions into a SIPP, so it should be as straight forward and as quick as mine was (days), but it seems to be stalling.

ps. There appears to be a few media outlets reporting a sudden rush:
https://www.express.co.uk/finance/pe...n-savers-panic

Last edited by Escapee; 23-09-2024 at 22:18. Reason: Added Link
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