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UC and pension pot

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1 day 20 hours ago #305733 by onestep
UC and pension pot was created by onestep
Hi I'm currently claiming UC and I'm turning 55 soon. I have a very small pension maturing around £5500 soon and was wandering if this will affect my UC? (The money will al get eaten up as soon as it hits my account on various debts).

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1 day 19 hours ago #305734 by David
Replied by David on topic UC and pension pot
Hi onestep

You will need to add the £5500 to your current savings. Will the total exceed £6000 ?

David
Nothing on this board constitutes legal advice - always consult a professional about specific problems

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1 day 3 hours ago #305761 by onestep
Replied by onestep on topic UC and pension pot
no that would not take me over 5500. would i need to let anyone know i.e in my journal or just let it happen without saying anything?

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1 day 55 minutes ago #305773 by David
Replied by David on topic UC and pension pot
Hi onestep

There is nothing to worry about and you don't have to inform the DWP.

David
Nothing on this board constitutes legal advice - always consult a professional about specific problems

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