Fidelity functionality now gone and you need to fill in a form and post cheques to them.
Quality.
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Previously on "One-off lump sum employer pension contribution by DD"
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The company contribution thing has gone
Apparently they're having trouble with card payments. IT are looking at it. There is no ETA for resolution.
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Originally posted by barrydidit View PostI'm sure there was a more recent thread about this topic, but I can't find it...
I've just made an online card transaction to deposit employer funds into a HL SIPP. I'm certain this is new functionality. Use MyAccounts>SIPP>AddMoney and there's now a 'What type of contribution would you like to make?' question - Personal or Employer (with MyCo as the identified employer).
Should save a bit of admin in sending emails/posting cheques. You can also make your investment choice as part of the process.
Makes it much much easier.
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Originally posted by barrydidit View PostI'm sure there was a more recent thread about this topic, but I can't find it...
I've just made an online card transaction to deposit employer funds into a HL SIPP. I'm certain this is new functionality. Use MyAccounts>SIPP>AddMoney and there's now a 'What type of contribution would you like to make?' question - Personal or Employer (with MyCo as the identified employer).
Should save a bit of admin in sending emails/posting cheques. You can also make your investment choice as part of the process.
Nice to know they made it smoother.
Leave a comment:
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I'm sure there was a more recent thread about this topic, but I can't find it...
I've just made an online card transaction to deposit employer funds into a HL SIPP. I'm certain this is new functionality. Use MyAccounts>SIPP>AddMoney and there's now a 'What type of contribution would you like to make?' question - Personal or Employer (with MyCo as the identified employer).
Should save a bit of admin in sending emails/posting cheques. You can also make your investment choice as part of the process.
Leave a comment:
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I make regular monthly manual bank transfers to my HL Sipp and follow up each one with an email from my company asking HL to accept for my employee. I made a request to set this up via the HL helpdesk
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MyCo makes one off annual contribution to my pension via online banking but has to be backed up by paperwork as well, confirming amount,source etc..
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Originally posted by 56samba View PostYou can bank transfer in Employer contribs. From a pdf on SIPPs I got from HL:
1. CONFIRM THE DETAILS OF THE
TRANSFER
Before making the payment, please send us the
following details:
• Your name, address and client number or
National Insurance number
• The amount being transferred
• Whether it is a personal contribution (for
which we will claim tax relief from HMRC),
or a contribution made by your employer
• If a personal contribution, please also
confirm the funds are from an account held
in your name or joint names
• If an employer contribution, please also
include the company name and registered
address and confirm the funds are being drawn
from an account in the name of the company
Leave a comment:
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You can bank transfer in Employer contribs. From a pdf on SIPPs I got from HL:
1. CONFIRM THE DETAILS OF THE
TRANSFER
Before making the payment, please send us the
following details:
• Your name, address and client number or
National Insurance number
• The amount being transferred
• Whether it is a personal contribution (for
which we will claim tax relief from HMRC),
or a contribution made by your employer
• If a personal contribution, please also
confirm the funds are from an account held
in your name or joint names
• If an employer contribution, please also
include the company name and registered
address and confirm the funds are being drawn
from an account in the name of the company
Leave a comment:
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Originally posted by mudskipper View PostI never do a form - just a letter and a cheque, which I bung in one of the prepaid envelopes that they're always sending me.
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I never do a form - just a letter and a cheque, which I bung in one of the prepaid envelopes that they're always sending me.
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Originally posted by ruasonid View PostThanks, looks like I have to "download an employer contribution form". A paper form plus a paper cheque.
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Thanks, looks like I have to "download an employer contribution form". A paper form plus a paper cheque.
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I believe you can only make MyCo contributions by DD as a monthly payment. You can make lump sums by debit card, but that might only be for personal contributions. I always made MyCo payments by cheque for lump sums, in addition to a monthly DD.
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