Administrators were forced to compensate a "missing member" of a wound-up pension scheme after losing all record of his contributions.
Deputy pensions ombudsman Charlie Gordon said the innocent member should be put in the position he would have been in had he been part of the bulk transfer on the winding-up of the scheme. Law fir...
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