Skip to main content

ReAssure Limited (previously Legal and General) Section 32 Buy-Out Plan (CAS-38962-P9M1)

Complainant: Ms T
Complaint Topic: Transfers: general
Ref: CAS-38962-P9M1
Outcome: Partly upheld
Appeal outcome: None
Respondent: ReAssure Limited
Type: Pension complaint or dispute
Date:
Appeal: No

Ombudsman’s Determination

Outcome

Ms T’s complaint against ReAssure is partly upheld. To put matters right, ReAssure shall pay Ms T an additional £400 in recognition of the significant distress and inconvenience caused.

Complaint summary

 

Ms T has complained that she was misinformed by Legal and General (now ReAssure) about the options available from the Plan. As a result, Ms T says she took out a loan for £1,000 in the expectation of receiving a cash lump sum from the Plan.

Ms T has also complained that she has suffered distress and inconvenience as a result of ReAssure’s actions.

View determination

Download

Related decisions

  • Aegon UK (CAS-79272-B1B3)
    Complainant: Mr R
    Respondent: Aegon UK
    Outcome: Not upheld
    Complaint Topic: Transfers: general
    Ref: CAS-79272-B1B3
    Date:
  • GKN Group Pension Scheme 2012 (CAS-73192-Z9R1)
    Complainant: Mr S
    Respondent: Legal & General Group PLC (L&G)
    Mercer
    The Trustee of the Scheme (the Trustee)
    Outcome: Not upheld
    Complaint Topic: Transfers: general
    Ref: CAS-73192-Z9R1
    Date: