Legal News

Pension trustees directed to pay late PCLS and any consequent tax charge (Mr E PO-12248)

Published on: 23 November 2016
Published by: LexisPSL
  • Pension trustees directed to pay late PCLS and any consequent tax charge (Mr E PO-12248)
  • Original news
  • Summary
  • What were the facts?
  • What was the Adjudicator’s Opinion?
  • What was the Pensions Ombudsman’s decision?
  • What was the impact of this determination?

Article summary

Pensions analysis: A member of a pension scheme complained to the Pensions Ombudsman that the scheme’s trustees and administrators were refusing to allow him the option of taking an additional pension commencement lump sum (PCLS) after it came to light that, due to maladministration, his benefits had been calculated as being lower than they should have been. Wyn Derbyshire of gunnercooke LLP looks at the decision. or take a trial to read the full analysis.

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