Pension Topup
Had a thing from HMG about pension top up .
So rang number and after numerous voices recordings telling me to go on line I eventually got through to a human being .
I asked him what it was about and he told me that if I paid in £890 I would get £ 1aweek more pension
Ie if I pay a lump sum of £ 8900 I will get £10 a week more for the rest of my life .
I said that will take approximately 20 years to get my £8900 back .
He said cant answer that madam you have to speak to a financial adviser
I said I don't need a financial adviser I can do that in my head .
Sorry can't give you financial advice he replied
I said if I die six months hence will you give my estate back £ 8700 ?
No he said
I said why not ?
He said I can't answer that it's financial advice
I said not it not .
its a question as to why you who you won't give my decendants the £ 8700 back
Then next salient questions I asked were all answered in the same way .
Ask a financial adviser .
I asked him what were the positives of this scheme
He said ask a financial adviser .
I said is this what you do all day sit in an office and tell people to see a financial adviser ? In that case why this shiny bumf that came through my letterbox with your telephone no on it ?
Back come the retort
Ask a financial adviser
At which point I wished him goodbye .( he was fast losing his temper and so was I )
What a complete rip off .
Unless one lives to a hundred I can't see the benefit of this scheme at all
All it means is that the government will rake in extra bonus payments form those who chose to pay a lump sum I and pop their clogs a short time later .
Am I missing something here?