The Pensions Ombudsman (PO) has ordered two wealth managers to make up the investment losses incurred by a pensioner on the late transfer of his drawdown fund.
Graham Burton complained that St James's Place Wealth Management did not pay the transfer value on his drawdown pension plan into the Axa Retirement Wealth Account on a timely basis. Details of ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
