Legal News

PO determination on serious loss of expectation due to delays progressing overseas transfer (Mrs Y PO-16581)

Published on: 24 January 2018
Published by: LexisPSL
  • PO determination on serious loss of expectation due to delays progressing overseas transfer (Mrs Y PO-16581)
  • Original news
  • Summary
  • What were the facts?
  • What did the Adjudicator of the Pensions Ombudsman decide?
  • What was the Deputy Pensions Ombudsman decision?
  • What are the implications of this determination?

Article summary

Pensions analysis: In the Pensions Ombudsman determination of Mrs Y (PO–16581), the Deputy Pensions Ombudsman (DPO) upheld a complaint that delays on the part of MyCSP had meant that a proposed transfer from the Principal Civil Service Pension Scheme (PCSPS) to a QROPS in Australia could no longer be made as a result of legislative changes made in 2015 and the removal of the scheme from HMRC’s Recognised Overseas Pension Schemes (ROPS) list. The DPO considered that the distress and inconvenience caused was unusually great as Mrs Y was only a few years away from her 60th birthday which would have allowed her to access tax free benefits from the QROPS. Wyn Derbyshire of gunnercooke LLP looks at the decision. or take a trial to read the full analysis.

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