The Old British Steel Pension Scheme (PO-20401)
I do not uphold Mr N’s complaint and no further action is required by the Trustee.
Mr N has complained that the Trustee should have informed him that the change in Cash Equivalent Transfer Value (CETV) calculation basis would cause CETVs to increase.
He also complained that the information surrounding the OBSPS’ funding position raised the possibility of it entering the Pension Protection Fund (PPF), which encouraged him to transfer out.
- Asphalt Reinforcement Services Pension Scheme (PO-21743)Complainant: Mr ERespondent: PIM Trustees LimitedOutcome: Partly upheldComplaint Topic: Transfers: generalRef: PO-21743Date:
- Old British Steel Pension Scheme (PO-20360)Complainant: Mr SRespondent: B.S. Pension Fund Trustee LimitedOutcome: Not upheldComplaint Topic: Transfers: generalRef: PO-20360Date: