The Pensions Ombudsman (PO) has refused to order the Prudential to pay compensation after it took too long to transfer a member of its own scheme's funds to Scottish Widows.
PO Tony King (pictured) upheld the complaint from Kevin Harvey against the Prudential Pension Scheme, but refused Harvey's demand for a £500 pay-out as the insurer had already compensated him adequ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date