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BAE Systems Executive Pension Scheme and BAE Systems 2000 Pension Plan
(PO-26939)

Complainant: Mr E
Complaint Topic: Administration
Ref: PO-26939
Outcome: Not upheld
Respondent: BAE Systems Executive Pension Fund Trustees Limited
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Mr E’s complaint and no further action is required by the Trustee.

Complaint summary

Mr E complains that the Trustee supplied him with incorrect annual deferred benefit statements between 2015 and 2017, for the Executive Scheme and the 2000 Plan (the Schemes), showing considerably overstated estimates of the total pension payable from age 62. He says that he relied upon these statements to his financial detriment by leaving employment early with QinetiQ, in August 2017.

View determination

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