Hello everyone,
I have been on Guaranteed Pension Credit for a year now. Since I lost my job.
When applying we did a very stupid thing and did not disclose the extent of our savings. We were, to be frank, reeling from having to apply for benefits at all after working all our lives and did not realise the full-implications of what we were doing. It was too simple just to say ‘NO” during the phone application.
Now we have this compliance telephone interview. We realise that they must or at least may have found out. What we need now is the best strategy going forward. We do not, at any point, wish to disclose our bank statements. We are willing to pay back and admit our culpability.
We are thinking or writing a letter outlining our culpability, better to be the one to disclose than to be found out / directly accused.
What might be the best strategy. we are making ourselves ill with worry. I am 63 my partner 75.
Thank you
I have been on Guaranteed Pension Credit for a year now. Since I lost my job.
When applying we did a very stupid thing and did not disclose the extent of our savings. We were, to be frank, reeling from having to apply for benefits at all after working all our lives and did not realise the full-implications of what we were doing. It was too simple just to say ‘NO” during the phone application.
Now we have this compliance telephone interview. We realise that they must or at least may have found out. What we need now is the best strategy going forward. We do not, at any point, wish to disclose our bank statements. We are willing to pay back and admit our culpability.
We are thinking or writing a letter outlining our culpability, better to be the one to disclose than to be found out / directly accused.
What might be the best strategy. we are making ourselves ill with worry. I am 63 my partner 75.
Thank you