Ombudsman's cheque timescale 'unreasonable' for administrators

Jenna Towler
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Expecting administrators and trustees to operate a five-day turnaround for transfer value cheques is "totally unrealistic" in many cases, a consultant says.

Punter Southall principal and head of administration Gillian Graham made the comments in response to a Deputy Pensions Ombudsman ruling on a case where a transfer value payment was delayed and the ...

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