A.D don't accept any lump sum until you have form 5 in your hand that's you discharged.

But,I don't know what happens if your trustee remains in office whilst you are discharged - if they can still pursue you? The experts will know this...

I made my last payment in June and was discharged in October, but everyone is different.

Hi A.D.

Prior to your discharge I wouldn't do anything at all like this unless you have a watertight confirmation from your trustee in writing that they'll have no interest in such a payment in any way whatsoever.

To answer sparky1's point. As long as you are discharged then any pension lump sum coming in is yours to keep, regardless of whether your trustee is yet discharged.

Thanks guys.
That's good to know Kevin, as I have a financial advisor wanting to deal with things just now re my pension, but wanting to be upfront about everything with him, I told him of the trust deed ending in February and not wanting to do anything to jeopardise things before that, so he is phoning me back round about then. It was only after I came off the phone that I thought that although I would be finished with things at my end there would obviously be a few weeks before being absolved completely when I receive the holy grail that is the form 5 !
I then panicked a bit when imagining a scenario of receiving a substantial sum in say, March before signing the form 5 and being hit with a demand for some of it, so thanks for putting my mind at ease !

Hi A.D.

If you don't have the Form 5 you'll certainly not want that lump sum arriving.

A.D is everything up to date regarding your trust deed. PPI claims - are they all claimed and settled? Creditor claims - has your trustee gathered them all in?.....It's Worth asking your trustee this as this may help speed up your discharge a wee bit and before you know it, it will be February! (PPI claims and creditor claims held up my discharge).

Now I am confused !
Kevin, if I am reading you correctly, I can put things in motion immediately after I make my final contribution, yet TDA if I am understanding YOU correctly, I have to wait until I receive my form 5 which could be weeks or months after my last payment !
As for PPI etc Sparky1, my company are excellent in keeping me informed, the last update being just a few weeks ago where they told me that they are pursuing the possibility of PPI as vigourously as possible with February fast approaching so that, as you intimated, closure will be as quick as possible. Indeed, they also mentioned that they have already been successful in finding a small amount of PPI on one of the loans concerned.
You will gather that I am getting really quite excited with the end of all this just three months away !

I thought there was confusion A.D. which is why I posted again.

Kevin says "discharged". That means getting your Form 5, not making your last payment. Form 5 is your discharge.

So the form 5 is indeed the holy grail ??
Thanks TDA, confusion now cleared up, though if I am indeed discharged when I receive my form 5 at what point after it is the trustee also discharged ?

Hi A.D

When you make your final payment, check to see if there are any outstanding matters to be dealt with. If not, you should receive your Form 5 within a week or so and the Trustee should have his discharge in approximately 4 weeks.

Mark