The Old British Steel Pension Scheme (PO-28588)
Open Trustees Limited
Ombudsman’s Determination
Outcome
I do not uphold Mr W’s complaint and no further action is required by Open Trustees.
Complaint summary
Mr W has complained that the Trustee failed to provide him with sufficient information on how ‘high/low’ pensioner members would be treated in respect of the ‘Time to Choose’ exercise in order to make an informed decision of his options. A high/low pension is also known as a bridging pension where Mr W receives a higher pension up to State Pension Age and then it reduces once the State pension comes into payment.
View determination
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