PO dismisses claim against Capita over delayed QROPS transfer

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The Pensions Ombudsman (PO) has rejected claims that Capita "unreasonably" delayed a pension transfer out of the Travel Automation Systems Retirement Benefits Scheme into a Guernsey-based scheme.

David Brackley complained the value of his transfer was eroded by £30,000 and that he missed out on the tax benefits of moving into the qualifying registered overseas pension (QROPS), which was del...

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