Henry Davison Limited Pension Scheme (PO-7292, PO-7951, PO-8118, PO-6703,
PO-12813, PO-7616, PO-8801, PO-11753, PO-11759, PO-10259, PO-12802,
PO-12801, PO-10848 & PO-10229)
G, Mr ER, Mr RY (together the Additional Applicants)
PO-11759, PO-10259, PO-12802, PO-12801, PO-10848 & PO-10229
Mr L’s and the Additional Applicants’ complaints are upheld and to put matters right the Trustees shall comply with the directions set out in paragraphs 230 to 232 of this Determination.
My reasons for reaching this decision are explained in more detail below.
Mr L’s complaint is that the Trustees have: misrepresented the Scheme; mismanaged the funds; issued fabricated benefit statements; and that the funds that he transferred into the Scheme have been lost.
Thirteen ‘Additional Applicants’ have complained on identical issues against the Trustees. These have been associated with Mr L’s complaint by my office. This means that the conclusions made below in respect of Mr L’s case apply equally to the associated cases.
- Legal & General Personal Pension Plan (PO-28256)Complainant: Mr RRespondent: Legal & General Assurance SocietyOutcome: Not upheldComplaint Topic: Breach of trustRef: PO-28256Date:
- Tarmac UK Pension Fund (PO-27670 and additional applicants)Complainant: Mr D and additional applicantsRespondent: 1. Tarmac UK Pension Fund
3. The Trustee of the Tarmac UK Pension FundOutcome: Not upheldComplaint Topic: Breach of trustRef: PO-27670 and additional applicantsDate: