Old British Steel Pension Scheme (PO-25247)
Open Trustees
Ombudsman’s Determination
Outcome
I do not uphold Mr R’s complaint and no further action is required.
Complaint summary
Mr R has complained that the Trustee did not transfer his benefits into the New British Steel Pension Scheme (the New BSPS). As a result, when his benefits moved into the Pension Protection Fund (the PPF), his benefits were reduced.
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