UK - The pensions ombudsman has ordered Scottish Amicable to pay a scheme member almost £12,000 in compensation for delaying a transfer payment.
Scottish Amicable – now part of the Prudential Assurance Company – was found to have failed to provide Axa Sun Life with the necessary paperwork in a “reasonable” time scale for a transfer to a per...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here