UK - Sun Life Financial has been ordered to pay a widow almost £4000 in compensation after reneging on a promise over a lump sum payout.
Mrs Hicks told the pensions ombudsman Sun Life had promised her husband that the whole of his non-protected rights fund could be paid as a lump sum at death. But subsequently, the company said tha...
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

