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    • OK, so I've rather unfairly picked up a CCJ from a business overdraft debt that's been going on for years. I had court claim forms in 2014 which I managed to stave off. and again in sept 2016. This time I've acknowledged the service, filling in what I thought was the correct amount I thought I owed. I've since had the personal guarantee paper copies in my possession and I owe £21K. I sent them back along with a new address for all correspondence to be sent to, and then agreed to a Tomlin order to pay debt off monthly.  Now, these were sent back and forth and eventually signed, but apparently only partially. So DD was set up at same time, in Jan 2017. over next couple of months we paid, and also go letters to sign new Tomlin which we ignored as it was signed. In March we got another TO with 7 days to sign it and send back. We had one day to get this to them and phoned to say it wouldn't be there, that's ok they said, well extend it, just keep paying and send it back asap, we did send recorded (since lost receipt). We assumed they'd got it, and didn't hear a peep from them. Until July 18, when I found id got a CCJ from Feb that year. I've logged a complaint with solicitor, and had a response, they are denying any knowledge of anything. They had no TO so took it to court without my knowledge.  I didn't think there was anything I can do. However, as it turns out, the court sent papers to an old address even though solicitor had new address for 13 months, and address for correspondence was on the claim papers I sent back. Upon closer inspection the numbers are all wrong too, nor a lot but its about £200 adrift. We called their office too within the 30 day notice period, oddly they have no record of that.  And all this is on a "Business Charge Card Guarantee" …. anyone explain that?? In the mean time we've paid £5K+ of the debt off. At no point did anyone in the process let us know we'd had the CCJ logged against us. Is that right?? Or legal? I was intending to get it set side, but was told by them it was pointless. Just want to get back to point A. Paying it isn't the problem, it getting the CCJ reset. Please Help!!! 
    • same with jaguar s-types etc. all kind of weird issues if the battery is on the way out or the terminals/earth straps are not reconnected tightely/properly.   mine was the earthing strap to the gearbox, was rotted and got knocked during the gearbox oil change.
    • what have they got that they can respond too that counters your SB defence? zilch.   as with every erudio claimform or PAPLOC thread on CAG you solely got the claim because for whatever reason , to that date, everything was ignored.   once a response is made they go away.   default CCJ avoided. you must read up and understand how arrows [erudio!!] operate  
    • so won by a section 75 claim under the consumer credit act then   consequential losses are also covered by section 75 as the card provide is equally liable as you've already found out   as for the dealer and court there is no time limit, well 6yrs I believe   though it would be a tough battle but made slightly easier as BC coughed up. but again what would you in all reality 'win' probably go bust or change name        
    • It was settled by Barclaycard because I bought the car using my VISA credit card. Do you know if there is a time limit for taking the company to court to claim the consequential expenses incurred?
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FSCS Decision letter on Pension

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Dear those who have had decision letter or have Knowledge


The letter said my lost was £80,000 (this is what my pension would be worth)

however the amount they put as transferred was the amount my new current pension is worth £40,000(this is what they awarded me)

however at the time of transfer the amount was £19,000 NOT £40,000.


I am lead to believe that my current pension should not be used as a decision. Only the pension at the time of transfer.


Were they right to use my current pension figure as the amount transferred when it £19,000. less broker fees


My current pension is not income guaranteed it an shared investment policy


They also didn't take in to consideration life insurance attached or brokers or life time brokers fee attached to my pension


Do I need to make a separate claim for life insurances attached to my pension.

I was lead to believe this should of been included in the calculations


Any examples of FSCS Decision well be appreciated feel free to change figures and name


Dear all



The FSCS used my current pension figure as a lost sum however this was not the amount transferred and the model for this pension is not the same as the pension it was transferred from.



They did not include my life insurances attached to my pension or life time brokers fees.






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Hello there.


I've merged your threads, it's best to stick with one.


Can you type up their calculations please, minus any identifiable information? It could help people to advise you.



Illegitimi non carborundum




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Notional transfer value of Civil Service


Pension scheme benefits


£73,995.68 £73,995.68


Valuation of Scottish Widows Pension




£38,524.98 £35500


£73,995.68 £38,524.98 £35,500


Net Lodgements: £35,470.70


Add Interest Equivalent Sum: £0.00


Eligible Amount: £35,500


Less Abatement: £0.00


Total Compensation Payable: £35,500

Total Compensation Paid To Date: £0.00


Total Payment Due: £35,500


The original amount was £21,000,

the new amount of £38,000 is what my pension is now.

Please note I wasn't in the civil service


This does not include my occupation life insurance attached my old pension or life broker fee deductible attached to my current pension.

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so they owe you £35k


All the other valuations, benefits and deductions are taken into account so it matter not what things were

but they are supposed to use an equivalent value to place you into the same position as though you had never left the other scheme.


you claim what is at the bottom of the page, namely £35.5k


Once you retire the life insurance goes out the window so not a consideration

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Thank for your reply.


I'm not retired

my pension was transferred out to another pension provider without good advice


my current pension it's in more of a share type pension scheme

meaning that my pension will not be guaranteed

it can go up or down;


where as with the occupational pension that pension rate is guaranteed at the end of my retirement


I'm to believe that my life insurance would still remain on my pension despite me not actually being within the Civil Service until retirement.

This should of been taken into consideration and they should not of used my current pension scheme as a basis to value my pension


only the amount that was transferred into it

which was £21,000


considuring it was at a loss due to the property crash


I'm confused how this figure can be used.

Edited by vizkij

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Hello there.


Have you asked the FSCS to explain how they did their calculations? You're in the area of actuarial science and I'd be surprised if CAG has anyone who's qualified in that.



Illegitimi non carborundum




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Yes I have.

And having done my own research life insurance (it is also on their example on their website, and guidance)

life insurance must be also included in calculations if on the policy at the time of transfer.


Unless you had to be in the job at the time?

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was this old gov't 6% super annuation scheme and you serp'd out in 1992

when thatcher allowed millions of people to be sc@mmed out of their future pensions by the offer of a £200 backhander



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the life insurance bit disappears when you are no longer paying into the scheme BUT there is an extra payout to dependants if you die withn a short time of retiring. This would apply to those members who were not still actively contributing as well but since you moved your pot out them wouldnt apply.

Go back to the FSCS and tell them that SW have failed to apy the right amount into your pot as instructed. stop going on about the life insurance, it is a red herring and may end up costing you.

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Dx100UK; Hi no; yes heard about it.


Ebrother 09:55

Hi thank for this. Kind regards

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