Scottish Housing Association Pension Scheme (PO-28516)
Ombudsman’s Determination
Outcome
I do not uphold Mr E’s complaint and no further action is required by TPT.
Complaint summary
Mr E says that in 2014 his employer told him it would remain liable for a £7,000 payment if he remained in the existing AVC fund at retirement. When he queried this at the point the payment became due, he was told that the £7,000 contribution was to be allocated to TPT.
In addition, his employer had offered to match the benefits in the existing fund and pay him a cash sum if he transferred to another one where it would not be liable for the £7,000.
He believes he was misled by these statements.
View determination
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