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PO determination on overpayment defence and approach to compensation for distress and inconvenience (Belk PO-372 and PO-4244)

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Published on: 30 November 2015

Published by a LexisNexis Pensions expert

Table of contents

Original news
Summary
What were the facts?
What was the Pensions Ombudsman’s determination?
Overpayment
AVC Fund
Improper financial advice
Distress and inconvenience
What was the impact of this determination?

Article summary

Pensions analysis: In Belk, the Pensions Ombudsman failed to uphold complaints brought by a pension scheme member against the scheme trustees and administrators concerning a failure to pay an AVC fund and an overpayment of pension. Wyn Derbyshire of gunnercooke LLP looks at the decision.

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