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Hello
I claimed mi avc,s through Legal & General in 2010 and agreed that i would draw mi retirement pension in 2012 when i retired.
In 2012 when i retired legal and general offerd me a pension , I opted to try open market option. With the view of getting a better annuity, this is when it all went terribly wrong.
Legal and Genera said that i could not move my pension as i had drawn my avc,s in 2010 and they said that it was clased as an unauthorized payment.
Legal and General threatetnd me with 40% tax that i should have declared to HMRC .
On contacting HMRC they said that Legal and General was responsible for the 40% tax not me, Legal and General agreed to pay if i took my pension on my retirement date Nov 2012.
Legal and general still have not paid the 40% and whe have take this to the Pension Obmadsman.
After along and tiresome depressing time i find that it would better to try and find outside help.
If at all possible help.
Manuel
I claimed mi avc,s through Legal & General in 2010 and agreed that i would draw mi retirement pension in 2012 when i retired.
In 2012 when i retired legal and general offerd me a pension , I opted to try open market option. With the view of getting a better annuity, this is when it all went terribly wrong.
Legal and Genera said that i could not move my pension as i had drawn my avc,s in 2010 and they said that it was clased as an unauthorized payment.
Legal and General threatetnd me with 40% tax that i should have declared to HMRC .
On contacting HMRC they said that Legal and General was responsible for the 40% tax not me, Legal and General agreed to pay if i took my pension on my retirement date Nov 2012.
Legal and general still have not paid the 40% and whe have take this to the Pension Obmadsman.
After along and tiresome depressing time i find that it would better to try and find outside help.
If at all possible help.
Manuel
to LB!
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