Home / Pensions / Early leavers, transfers and contracting-out / Transfers

Legal News

PO upholds claim for loss due to unreasonable transfer delay, but complaint of failure to invest pension funds was outside limitation period (Mrs D PO-26429)

Copyright © 2025 LexisNexis
Published on: 04 January 2023
Published by a LexisNexis Pensions expert

Table of contents

  • Original news
  • Summary
  • What were the facts?
  • What was the Pensions Ombudsman’s decision?
  • What is the impact of this determination?

Article summary

Pensions analysis: The Pensions Ombudsman has partially upheld a complaint that a pension scheme trustee failed to invest assets and was responsible for a four-month delay in effecting a transfer. Martin Scott of gunnercooke LLP looks at the decision.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

4 News
View More
5 Practice notes
View More
1 Precedents
2 Q&As
Powered by Lexis+®

Related documents:

4 News
View More
5 Practice notes
View More
1 Precedents
2 Q&As

Popular documents

Anti-franking

Anti-frankingThe conceptIt used to be the case that contracted-out salary-related (COSR) schemes could revalue a deferred member's guaranteed minimum pension (GMP) without increasing the overall deferred pension. The pension in excess of the GMP was effectively reduced so that the overall deferred

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an