Reply To: AIF query

Darren Tompkins

I don’t know if it’s correct to do so, but to my way of thinking VF has been passed to The Pension Service so this is just a form of HBMS. Therefore, if a difference in OP, Capital, etc. is dicovered via the Pension Service’s AIF breakdown we will look into the claim and then amended as per usual rules. For example, if a pensioner had previously told us that his OP was £30/w but on the AIF it was £35/w we would ask for proof of when it increased and then amend it accordingly. The reasoning behind this is that the new regulations are only effective from 06OCT03, and if the details were incorrect before this date we should have been notified.