Its early days and still unclear what legal basis the Government has to appropriate existing savings within private pension funds AND it’s also unclear what legal or administrative blocks can be erected to prevent this occurring to your capital BUT sending written instructions to Trustees and / or Administrators will help stiffen backs for the task ahead. Here’s a few drafts. Don’t forget to quote your account/ member number and keep a copy of your letter.
Letter to Trustees of Company Pension Schemes including AVC’s
Dear Trustee,
You are hereby notified and instructed that under no circumstances should any part of the assets held in trust by the trustees on my behalf be depleted to meet any third party demand including from Government without first testing it's legitimacy through the courts and without seeking written authorisation from me as beneficial owner of the assets.
Letter to Administrator of Personal Pensions, PRSAs and Retirement Bonds
Dear Administrator,
Please note that it is my wish that no part of the assets held by you on my behalf be depleted to meet any third party demand including from Government without first testing it's legitimacy through the courts and without seeking written authorisation from me as beneficial owner of the assets.
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