Legal News

PO determination on pension scams, advised transfers and reasonable transfer procedures (PO-11025)

PO determination on pension scams, advised transfers and reasonable transfer procedures (PO-11025)
Published on: 23 October 2017
Published by: LexisPSL
  • PO determination on pension scams, advised transfers and reasonable transfer procedures (PO-11025)
  • Original news
  • Summary
  • What were the facts?
  • What did the Adjudicator of the Pensions Ombudsman decide?
  • What was the Pension Ombudsman’s decision?
  • What are the implications of this determination?

Article summary

Pensions analysis: In this determination, the Pensions Ombudsman failed to uphold a complaint by a victim of a pensions liberation scam that the administrator of his original pension scheme should have identified the scam for being what it was and acted to prevent it. Wyn Derbyshire of gunnercooke LLP looks at the decision. or take a trial to read the full analysis.

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