The Pensions Ombudsman (PO) has refused to order the Prudential to pay compensation after it took too long to transfer a member of its own scheme's funds to Scottish Widows.
PO Tony King (pictured) upheld the complaint from Kevin Harvey against the Prudential Pension Scheme, but refused Harvey's demand for a £500 pay-out as the insurer had already compensated him adequ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
