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Commercial Union Life; Personal Pension Plan Policy (N00074)

Complainant: Mr S M Taylor
Ref: N00074
Respondent: Mrs S M Taylor Scheme Commercial Union Life; Personal Pension Plan Policy
(the Policy) Manager Norwich Union Life and Pension Ltd (Norwich Union)
Type: Pension complaint or dispute
Date:
Appeal: No

Mrs Taylor alleges that Norwich Union failed to advise her that, by deferring taking her pension from age 60, the selected retirement age in her pension policy, her fund could be subject to a Market Value Reduction (MVR) She says that a conse …

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