The Sippcentre SIPP (PO-4504)
Complaint Summary
Mr Thomas’ complaint against Sippcentre is that they delayed in transferring the SIPP to another SIPP arrangement with Alliance Trust and that their delay caused him financial loss.
Summary of the Deputy Ombudsman’s determination and reasons
The complaint should be upheld against Sippcentre because their admitted delay has caused Mr Thomas financial loss over and above the amount they have offered him as compensation.
View determination
DownloadRelated decisions
- Lindab Limited Group Stakeholder Pension Plan (CAS-82642-K3R2)Complainant: Mrs YRespondent: Royal LondonOutcome: Not upheldComplaint Topic: Transfers: generalRef: CAS-82642-K3R2Date:
- Ford Hourly Paid Contributory Pension Fund (CAS-88424-G5R6)Complainant: Mr ERespondent: The Trustees of Ford Hourly Paid Contributory Pension Fund
Mercer
Outcome: Not upheldComplaint Topic: Transfers: generalRef: CAS-88424-G5R6Date: