OrangeGenie/Salary Sacrifice to SIPP

[lukemg]

Thanks Eek, as expected they do have a preferred list, said it was no issue changing so it's all good

[eek]

Good shout, the 3 years backdate has worked well but used all that up now till next April
Noted about Clarity - thanks

The one thing I would point out is that getting the agency to change umbrella may be a slight problem, so it may be worth checking who else is on the agencies PSL and picking one of those umbrellas.

[lukemg]

is this a new scheme or was it an existing one. If the latter, have you used up all your previous allowances from the past 3 years?


As for your other question - Clarity as that is always going to be the default option.

Good shout, the 3 years backdate has worked well but used all that up now till next April
Noted about Clarity - thanks

[eek]

I think you are being told BS from OrangeGenie, I am with NASA and can change my pension contributions at any time

You are not supposed to - This is about the only thing where OrangeGenie are correct, pension contributions can only be changed annual unless significant events occur.

The get out is of course to change Umbrella..

[eek]

So - Got pushed inside, joined umbrella, setup salary sacrifice to my SIPP to max take. Wasn't sure how long the contract would run for so maxed out contribution.
Now I am pushing the 40k limit so got in touch to cancel it, no can do they say, government say you are locked in for a year so you have to keep piling money in and suck up the tax charge, unless you have encountered a significant 'lifestyle' change.......for fcks sake.
Fck that says me, change it or I will join another umbrella and ditch yours.

So - Anyone else got snagged with this ?
Anyone recommend an umbrella ? pension flexibility not relevant as I just need the cash out now.
Cheers all

is this a new scheme or was it an existing one. If the latter, have you used up all your previous allowances from the past 3 years?


As for your other question - Clarity as that is always going to be the default option.

[SimonMac]

I think you are being told BS from OrangeGenie, I am with NASA and can change my pension contributions at any time

[lukemg]

So - Got pushed inside, joined umbrella, setup salary sacrifice to my SIPP to max take. Wasn't sure how long the contract would run for so maxed out contribution.
Now I am pushing the 40k limit so got in touch to cancel it, no can do they say, government say you are locked in for a year so you have to keep piling money in and suck up the tax charge, unless you have encountered a significant 'lifestyle' change.......for fcks sake.
Fck that says me, change it or I will join another umbrella and ditch yours.

So - Anyone else got snagged with this ?
Anyone recommend an umbrella ? pension flexibility not relevant as I just need the cash out now.
Cheers all