Firm fined £1000 for wrong benefits advice

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UK - A scheme has been told to pay £1000 in compensation after giving incorrect advice on the level of a member's pension benefits.

A former director of Crouch Hogg Waterman, Mr Kennedy, made a claim to the pensions ombudsman after he discovered that his pension projections of £14,057 in 1994 and £13,931 in 1995 were wrong. ...

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