I invested into a SIPP

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Cara65

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Post by Cara65 » Mon Jul 20, 2020 4:39 pm
I invested into a SIPP with an old pension way before I entered into an IVA, I have not made any other contributions to it and I'm now 3 years into my IVA. I know if I take 25% of this I would have to declare this to my IP but would the Pension provider or HMRC automatically know I'm on an IVA?

kallis3

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Post by kallis3 » Mon Jul 20, 2020 5:08 pm
Could you leave that until after your IVA has completed?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post by Foggy » Mon Jul 20, 2020 5:10 pm
They might check the Insolvency Register as part of their processes.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Cara65

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Joined: Mon Jul 20, 2020 1:32 pm

Post by Cara65 » Tue Jul 21, 2020 7:52 am
Thank you, I am looking to pay off the IVA early so researching all options at the moment. It's a great forum by the way.
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