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HSBC Bank (UK) Pension Scheme (PO-19422)

Complainant: Mr N
Complaint Topic: Interpretation of scheme rules/policy terms
Ref: PO-19422
Outcome: Not upheld
Respondent: HSBC Bank Pension Trust (UK) Limited
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

Mr N’s complaint against the Trustee is partly upheld, but there is a part of the complaint I do not agree with. To put matters right, for the part that is upheld, the Trustee shall pay Mr N £500 for significant distress and inconvenience caused.

My reasons for reaching this decision are explained in more detail below.

Complaint summary

Mr N is unhappy because the Trustee has applied a reduction to his Scheme benefits.

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