DPO: 'Salutary lesson' on transfer timeliness

clock

JLT Benefit Solutions has been ordered to pay compensation after it delayed a scheme transfer and the member concerned died in the interim.

The case Ms J Jones v JLT Benefit Solutions was ruled on by the Deputy Pensions Ombudsman after the consultant delayed completing a scheme transfer request from Ms Jones's partner, Mr Ingram, who d...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

TPO orders trustee director to repay £9.7m into schemes

TPO orders trustee director to repay £9.7m into schemes

Former director of trustee firm ordered to pay into Uniway Systems and Genwick schemes

Jasmine Urquhart
clock 19 November 2024 • 1 min read
Mansion House speech: What could a Maple 8 model mean?

Mansion House speech: What could a Maple 8 model mean?

Jasmine Urquhart asks how a Canadian model could be implemented and how the LGPS could help

Jasmine Urquhart
clock 13 November 2024 • 7 min read
Bank of England meets expectations with 25 basis point rate cut to 4.75%

Bank of England meets expectations with 25 basis point rate cut to 4.75%

'Continued progress' on disinflation

Valeria Martinez
clock 07 November 2024 • 6 min read
Trustpilot