Tough luck for disinvestment delay member

Jenna Towler
clock

A member who initially made a £23,923 maladministration claim was handed just £500 compensation by the deputy pensions ombudsman.

The member - Mr Banks - brought a maladministration claim against his former employer, Countrywide, and the trustees of his money purchase scheme. He said that a two-month delay in his redundanc...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: Defined contribution pensions - It's time to shift the focus from price to value

Partner Insight: Defined contribution pensions - It's time to shift the focus from price to value

Philip Smith, DC Director of TPT Retirement Solutions
clock 07 May 2025 • 6 min read
LCP says market volatility could affect master trust investment strategies

LCP says market volatility could affect master trust investment strategies

Firm says volatility could affect master trusts which allocate high levels of equity overseas

Jasmine Urquhart
clock 28 April 2025 • 2 min read
Webinar: Responsible pensions - Responding to what matters to UK savers

Webinar: Responsible pensions - Responding to what matters to UK savers

Join Jonathan Stapleton and Scottish Widows' Eva Cairns at 2pm on Wednesday, April 30th

Sarka Halas
clock 14 April 2025 • 1 min read
Trustpilot