Two trustees were found guilty of breach of trust after a member complained five months' of his defined benefit contributions had vanished.
The pair were also ordered to pay the member - Mr McCann - compensation for stress and upset by deputy pensions ombudsman Jane Irvine. The case concerned the administration of the SureStock Pens...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
