Ombudsman clears L&G, Scottish Widows over Capita Oak transfer

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The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.

The complainant, Joseph Winning, argued the insurers had failed to make the necessary checks on the receiving vehicle - the Capita Oak Scheme - before allowing his pension pots to be moved. But ...

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