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    • Yep, I read that and thought about trying to find out what the consideration and grace period is at Riverside but not sure I can. I know they say "You must tell us the specific consideration/grace period at a site if our compliance team or our agents ask what it is"  but I doubt they would disclose it to the public, maybe I should have asked in my CPR 31.14 letter? Yes, I think I can get rid of 5 minutes. I am also going to include a point about BPA CoP: 13.2 The reference to a consideration period in 13.1 shall not apply where a parking event takes place. I think that is Deception .... They giveth with one hand and taketh away with the other!
    • the Town and Country [advertisments ] Regulations 2007 are not easy to understand. Most Council planing officials don't so it's good that you found one who knows. Although he may not have been right if the rogues have not been "controlling" in the car park for that long. The time only starts when the ANPR signs go up, not how long the area has been used as a car park.   Sadly I have checked Highview out and they have been there since at least 2014 . I have looked at the BPA Code of Practice version 8 which covers 2023 and that states Re Consideration and Grace Periods 13.3 Where a parking location is one where a limited period of parking is permitted, or where drivers contract to park for a defined period and pay for that service in advance (Pay & Display), this would be considered as a parking event and a Grace Period of at least 10 minutes must be added to the end of a parking event before you issue a PCN. It then goes on to explain a bit more further down 13.5 You must tell us the specific consideration/grace period at a site if our compliance team or our agents ask what it is. 13.6 Neither a consideration period or a grace period are periods of free parking and there is no requirement for you to offer an additional allowance on top of a consideration or grace period. _________________________________________________________________________________________________________________So you have  now only overstayed 5 minutes maximum since BPA quote a minimum of 10 minutes. And it may be that the Riverside does have a longer period perhaps because of the size of the car park? So it becomes even more incumbent on you to remember where the extra 5 minutes could be.  Were you travelling as a family with children or a disabled person where getting them in and out of the car would take longer. Was there difficulty finding a space, or having to queue to get out of the car park . Or anything else that could account for another 5 minutes  without having to claim the difference between the ANPR times and the actual times.
    • Regarding a driver, that HAS paid for parking but input an incorrect Vehicle Registration Number.   This is an easy mistake to make, especially if a driver has access to more than one vehicle. First of all, upon receiving an NTK/PCN it is important to check that the Notice fully complies with PoFA 2012 Schedule 4 before deciding how to respond of course. The general advice is NOT to appeal to the Private Parking Company as, for example, you may identify yourself as driver and in certain circumstances that could harm your defence at a later stage. However, after following a recent thread on this subject, I have come to the conclusion that, in the case of inputting an incorrect Vehicle Registration Number, which is covered by “de minimis” it may actually HARM your defence at a later stage if you have not appealed to the PPC at the first appeal stage and explained that you DID pay for parking and CAN provide proof of parking, it was just that an incorrect VRN was input in error. Now, we all know that the BPA Code of Practice are guidelines from one bunch of charlatans for another bunch of charlatans to follow, but my thoughts are that there could be problems in court if a judge decides that a motorist has not followed these guidelines and has not made an appeal at the first appeal stage, therefore attempting to resolve the situation before it reaches court. From BPA Code of Practice: Section 17:  Keying Errors B) Major Keying Errors Examples of a major keying error could include: • Motorist entered their spouse’s car registration • Motorist entered something completely unrelated to their registration • Motorist made multiple keying errors (beyond one character being entered incorrectly) • Motorist has only entered a small part of their VRM, for example the first three digits In these instances we would expect that such errors are dealt with appropriately at the first appeal stage, especially if it can be proven that the motorist has paid for the parking event or that the motorist attempted to enter their VRM or were a legitimate user of the car park (eg a hospital patient or a patron of a restaurant). It is appreciated that in issuing a PCN in these instances, the operator will have incurred charges including but not limited to the DVLA fee and other processing costs therefore we believe that it is reasonable to seek to recover some of these costs by making a modest charge to the motorist of no more than £20 for a 14-day period from when the keying error was identified before reverting to the charge amount at the point of appeal. Now, we know that the "modest charge" is unenforceable in law, however, it would be up to the individual if they wanted to pay and make the problem go away or in fact if they wanted to contest the issue in court. If the motorist DOES appeal to the PPC explaining the error and the PPC rejects the appeal and the appeal fails, the motorist can use that in his favour at court.   Defence: "I entered the wrong VRN by mistake Judge, I explained this and I also submitted proof of payment for the relevant parking period in my appeal but the PPC wouldn't accept that"   If the motorist DOES NOT appeal to the PPC in the first instance the judge may well use that as a reason to dismiss the case in the claimant's favour because they may decide that they had the opportunity to resolve the matter at a much earlier stage in the proceedings. It is my humble opinion that a motorist, having paid and having proof of payment but entering the wrong VRN, should make an appeal at the first appeal stage in order to prevent problems at a later stage. In this instance, I think there is nothing to be gained by concealing the identity of the driver, especially if at a later stage, perhaps in court, it is said: “I (the driver) entered the wrong VRN.” Whether you agree or not, it is up to the individual to decide …. but worth thinking about. Any feedback, especially if you can prove to the contrary, gratefully received.
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Pension funds transfer


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Hi there

 

maybe someone here can help

Many moons ago in 1994 an advisor from NatWest convinced me when I arrived in the UK to take out a private / personal pension with them and to opt out the government one. I paid into this plan for a short while until my employer made me redundant in 1995 and I couldn't afford the contributions anymore

My new employer had a company pension scheme which was far better and I joined that one instead once I became eligible in 1996 and have paying into that ever since as I am still with that employer.

I still have the NatWest one with currently £245.- in it which reduces year by year due to NW fees. I have asked the pension advisor at work a few years ago whether I could transfer the money into my pension fund at work, ( at the time it was about £340.-) and he said after all the transfer fees it would not be worth it. I checked with Nat West and they said they couldn't understand that as they would not charge anything for a transfer

but they also won't pay the money out to me either

So does that mean I can't do anything with that money, after all it is mine but I cannot gain any access to it ? :confused:

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Last year I was paid a sum similar to the amount you mention for a company pension scheme that I long since had forgotten about and which was "orphaned" so to speak. I can see no reason why you shouyldn't be able to do the same unless the law has changed...

 

Contact the pension trustees of the occupational pension scheme you wish to cash or transfer and ask them to provide a solution. Insist it be in writing. Otherwsie, contact the Pension Advisory Service (see: The Pensions Advisory Service (TPAS) - Occupational Pensions)

 

You might also like to take a look at: Pension Fraud

 

Despite the conspiracty theorist ranting style of the site, I have checked the maths of the Annuity payments and it seems spot on. I also conducted a small (minute) amount of research to see if what was being said was true and it also seemed to be correct (please note caveats "seems" and "seemed" which are placed here for a reason - I am no expert!)

 

But judge for yourself.

 

Shoestring

The more I read this site, the more congratulations I want to heap on CAG for the invaluable service they are performing. Bravo!

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Many thanks - I will write to NatWest straight away as the money (my money) just dwindles away year by year otherwise

Incidentally the "pension advisor" at work said to just leave it and it will reduce it self to zero over the years. Not really my ideal solution as it is my money that reduces itself to zero and I could think of better things to do with it to be honest:-|

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:rolleyes: I think he just couldn't be bothered with it as it is not a huge amount and the paperwork involved probably didn't suit him.

That was the impression I had anyway, but there you go

Since he gave me that advice I lost another £100.- out of that plan

I just posted my letter to NatWest and see what they say

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  • 1 month later...

I am interested in the outcome of this Phantom if you are still around on here.

 

I have just called Legal & General about my company pension scheme which I stopped payments approx 2004 due to longterm illness - they guy told me I have £1.5 in my account, I asked him for a statement of this and how I go about cashing it in as I am in financial difficulty right now and want to get as much money as I can - he told me I cannot cash it in and have the money, I can only transfer it to another pension.

 

He maybe right, but surely this is MY money and I am entitled to do with it what I like?

I know this money is dwindling daily and it would help me out no end if I could get my hands on it.

 

Anyone out there have any answers for me???? PLEASE!

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Guest Aviva Support

moneyhelp

A pension is designed as investment for retirement purposes, there will be an age limit as to when you are able to remove the money from your pension, and only then to purchase an annuity.

 

Hope this helps

Becca

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Hi Moneyhelp

 

I tried to transfer it from NatWest to my current company pension scheme, but guess what - your current pension scheme provider does not have to ACCEPT the transfer !!

In my case my employer's / company scheme refused the transfer !!!!

So I am back to where I was before

I have a dormant old pension scheme with MY money in it which I truly cannot do anything with

They will not pay it out (£300.- hardly a lifetime investment) and I cannot transfer it either, so it will truly reduce itself to 0 over the next years , a complete waste of MY money !

I think there should be somewhere you should be able to complain about it, but I guess there won't be:mad:

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Thank you for your replies so quickly too.

 

This has made my blood boil to be honest. I was forced into leaving my previous job due to ill health, struggling on benefits knowing that I have £1.5k sitting dwindling away.

By the time I am at an age where I can take it out there will be nothing left.

 

This suxs BIG time!

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Be wary of putting any money into an annuity unless you absolutely have to. Figures I've run on Excel SS show that pension funds plan to keep about 40% of the overall cash pot which they use to offset payouts made to long life customers. The normal annuity is set for 21 years for a man and 24 yrars for a female (as I recall), after normal retirement age. In other words men are expected not to live past 86 years and women 89 years (if the 65 pensionable age cutoff is used across the board).

 

The 40% includes their heafty charges and commissions and God only knows what else. Basically YOU are paying THEIR pension when you take out an annuity and the bosses insist on guaranteed schemes or invest the funds themselves into a pension plan over which they have complete control.

 

Be cautious.

 

Shoestring

The more I read this site, the more congratulations I want to heap on CAG for the invaluable service they are performing. Bravo!

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Stable doors closed after horse ran away....

The money I have with NW is lost, I only have got my work based pension scheme now.

As I have been with my current employer for over 10 years it has become non-contribution, i.e. only my employer now makes contributions, I don't anymore, so that helps a bit financially for me and I still build up a pension, but I am only 37 (38 this Sunday :oops:) so long way to go yet before even thinking about cashing anything in

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What you really need is an independant financial advisor here. Mine told us about all the options with a company pension and we chose the best option and took the money out into a personal pension a few years back. It's doing really well now after the inital hit on withdrawal.

 

Can't understand why the amount only reduces year on year with yours. Surely you have some earnings from the scheme - that's the whole point. Mind you I do not have a lot of knowledge about these things - I leave it to my financial advisor.

 

You really want to chose an advisor on personal recommendation too as some of them can be a bit fly. Ask around people you know and see if anyone has a gem they use.

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Guest Aviva Support

moneyhelp

 

If you have been forced to leave work through ill health some companies make allowances for this - when i worked in pensions there were certain policies that had a clause written into them, I would maybe try phoning the pension company and explaining your circumstances... I'm not saying you will definately get this, just that it is an option on some policies.

 

Also, you will still be asked to purchase an annuity for income, rather than just getting the lump sum.

 

HTH

Becca

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Can't understand why the amount only reduces year on year with yours. Surely you have some earnings from the scheme - that's the whole point. Mind you I do not have a lot of knowledge about these things - I leave it to my financial advisor.

 

It's because it is only a small amount (less than 300 GBP) and I don't make anymore contributions. NatWest's charges for running this scheme are higher than the return, so the money left reduces over time until it will reduce itself to zero at some point. I tried to transfer it out and into my pension scheme at work but they refused to accept the transfer.Apparently once they accept it, they have to guarantee to me that it will be doing well, as it is a final salary scheme and that's why they rarely accept transfers. I don't know too much about it either, but that's where I am now

:|

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moneyhelp

 

If you have been forced to leave work through ill health some companies make allowances for this - when i worked in pensions there were certain policies that had a clause written into them, I would maybe try phoning the pension company and explaining your circumstances... I'm not saying you will definately get this, just that it is an option on some policies.

 

Also, you will still be asked to purchase an annuity for income, rather than just getting the lump sum.

 

HTH

Becca

 

Yes I had read that on the link further up in the thread, so I checked it out - but thank you for pointing this out.

I have an appointment with CAB in August, I will run this past them and see what they say. I know laws is laws, but if I can fight this and prove I desperatly need some money (ie a bed to sleep on or a chair to sit on) I will do what I have to do - thanks again folks :)

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That's what my pension advisor from work said

(I should start up a new one where the little money that's with NatWest will do better), but I have my doubts it will make a difference as I am not making anymore contributions to this, I am building up my work's pension instead

I believe these £250 odd pounds would do just as well in a savings account somewhere, but they won't pay it out

If they did I would probably invest it into my sons' child trust fund, but again, they won't give it to me which is very annoying. It should be my decision what I want to do with this money:sad:

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Probably - but there should be a threshold for small or minimum amounts, because £250.- which is quite evidently dwindling away due to running costs should be exempt and just be refunded or paid out or should at least not be subject to any charges. This way they are taking my money for nothing in return

I have moved to the UK from abroad in the early 1990s and when I left my last employer in continental Europe they paid out my company pension funds with my last wage as in the few years I was with them it was a small amount only anyway. No hassle, no ifs and no buts. My state pension is still secure over there , as these are separate things.

I am surprised this is so different here:-|

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  • 4 weeks later...

That's the thing - I can't

My current pension scheme won't accept the transfer. They say they don't have to accept transfers and this is one they don't want. Under legislation they are bound to ensure the money does well and for this they cnnot guarantee it so they don't want it.

So I am stuck. Nat West won't pay it out, their charges are higher than the return and my new pension scheme doesn't want it

Game Over for the little man yet again

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