- PO determination on failure of overseas transfer where no QROPS (Mr I PO-20584)
- Original news
- What were the facts?
- What was the Adjudicator’s Opinion?
- What was the Pensions Ombudsman decision?
- What are the implications of this determination?
Pensions analysis: In the determination by the Pensions Ombudsman of Mr I (PO-20584), the Ombudsman failed to uphold a complaint brought by a member of the Friends Life Stakeholder Group Personal Pension Plan that his requests to transfer his accrued rights to an overseas scheme (QROPS) or to receive a refund of his contributions had been improperly denied. Wyn Derbyshire of gunnercooke LLP looks at the decision.
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