Pharmacists look to appeal over Boots Pension Scheme buy-in complaints

PDA Union says it will exhaust internal dispute processes before taking case to Ombudsman

Jonathan Stapleton
clock • 2 min read
The Boots Pension Scheme's £4.8bn buy-in with Legal & General was announced last November
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The Boots Pension Scheme's £4.8bn buy-in with Legal & General was announced last November

The Pharmacists' Defence Association (PDA) Union has issued template letters for Boots Pension Scheme members looking to mount a “stage two” appeal over the treatment of discretionary benefits as part of the fund’s £4.8bn buy-in with Legal & General (L&G).

The buy-in – announced in November – secured the benefits of all 53,000 retirees and deferred members of the scheme. But the Pharmacists' Defence Association (PDA) said the trustees' decision to...

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