Ombudsman fines trustee over transfer delays

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A trustee has been fined £250 for failing to respond to requests for a pension transfer submitted by a fellow trustee of a plumber's benefit plan known as the TPR Executive Pension Scheme.

Deputy pensions ombudsman (DPO) Jane Irvine said Robert Evans had caused inconvenience to his colleague Peter Evans by ignoring requests to sign a form that would allow the movement of the funds. ...

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