Reply To: Deprivation of Capital.


Well….Reg 15(6) of the State Pension Credit Act 2002 says that:

“Circumstances may be prescribed in which –

a) a person is treated as possessing capital or income which he does not possess”

So – they have obviously made provision for notional capital. I am assuming this has translated itself into the full regs as a notional capital provision but I haven’t looked that bit up.