Prudential cleared over pension transfer to Capita Oak scheme

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The Pensions Ombudsman (PO) has rejected a complaint of maladministration against Prudential after it granted a transfer request into a suspicious pension scheme.

The complainant, Andrew Johnston, had authorised Barncroft Associates to seek the transfer worth £18,643 into the Capita Oak Scheme, which was registered with HM Revenue and Customs. Prudential ...

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