Halcrow Pension Scheme (PO-19775)
Halcrow Group Ltd (HGL)
CH2M Hill Europe Limited (CH2M)
Ombudsman’s Determination
Outcome
I do not uphold Mr Y’s complaint and no further action is required by the Trustee, HGL or CH2M.
Complaint summary
Mr Y has complained that HGL, his former employer, fraudulently induced him to transfer his retirements benefits from the former scheme, the Halcrow Pension Scheme (HPS), to HPS2.
Mr Y then argues that he was provided with incorrect and misleading information to further induce him to transfer out only the ‘valuable’ portion of his benefits from HSP2, rather than transferring out the full amount.
Mr Y states that he was not told the portion of his benefits that remained in HSP2 would not increase once in payment.
View determination
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