JSA umbrella and Aegon pension

[measterbrook]

Is anyone here using JSA Umbrella and is paying via salary sacrifice into an Aegon pension? I want to check if what JSA and Aegon are telling me is correct. This is an issue only related to JSA and Aegon.

[eek]

Is anyone here using JSA Umbrella and is paying via salary sacrifice into an Aegon pension? I want to check if what JSA and Aegon are telling me is correct. This is an issue only related to JSA and Aegon.

If both JSA and Aegon are giving you the same story - surely it's accurate...

[northernladuk]

That's quite a specific setup. Can't it be opened it to JSA customers with other pension providers for more takers?

[measterbrook]

If both JSA and Aegon are giving you the same story - surely it's accurate...

Unfortunately they are not giving me the same story.

[measterbrook]

That's quite a specific setup. Can't it be opened it to JSA customers with other pension providers for more takers?

JSA are paying into my Fidelity SIPP without a problem. I know other contractors with JSA using other pension providers. I need to know if anyone is using JSA+Aegon. I suspect not otherwise I would not be having a problem, but I thought it would be worth asking.

[eek]

JSA are paying into my Fidelity SIPP without a problem. I know other contractors with JSA using other pension providers. I need to know if anyone is using JSA+Aegon. I suspect not otherwise I would not be having a problem, but I thought it would be worth asking.

Hang on JSA are paying into 2 different pensions?

[measterbrook]

Hang on JSA are paying into 2 different pensions?

Not at the same time. I switched pension providers during my "employment"* with JSA.

However, there is nothing legally that prevents contributing to 2 pension schemes, but umbrella companies seem to have a problem with just one, so I wouldn't try getting them to do 2 at the same time. Actually a very long time ago when I worked as an employee I did contribute to 2 penson schemes at the same time - a fixed defined benefit scheme and a variable defined contribution (AVC) scheme.

*Legally it may be employment - but to me it is outsourcing of payroll to get round a mid-contract client ban on Ltd Co contractors. I don't feel like an employee, I don't get any of the benefits of employment, so to me it is not employment.

[eek]

Not at the same time. I switched pension providers during my "employment"* with JSA.

However, there is nothing legally that prevents contributing to 2 pension schemes, but umbrella companies seem to have a problem with just one, so I wouldn't try getting them to do 2 at the same time. Actually a very long time ago when I worked as an employee I did contribute to 2 penson schemes at the same time - a fixed defined benefit scheme and a variable defined contribution (AVC) scheme.

*Legally it may be employment - but to me it is outsourcing of payroll to get round a mid-contract client ban on Ltd Co contractors. I don't feel like an employee, I don't get any of the benefits of employment, so to me it is not employment.

Nice IR35 case there were HMRC to come calling..

[rootsnall]

Nice IR35 case there were HMRC to come calling..

Surely they are now paying NI if using an umbrella

[eek]

Surely they are now paying NI if using an umbrella

For the contract work prior to switching to the umbrella (as although measterbrook can claim that the contract is outside the actions of his client show that the client felt it was an inside IR35 contract).