Smiths Industries Pension Scheme (CAS-99766-L5X6)
Complainant: Mr Y
Complaint Topic: Post retirement increases (escalation): RPI/CPI
Ref: CAS-99766-L5X6
Outcome: Not upheld
Respondent: Smiths Group plc
Type: Pension complaint or dispute
Date:
Appeal: No
Ombudsman’s Determination
Outcome
The complaint is not upheld because there was no absolute commitment to pay the higher rate of increase and Smiths has acted in accordance with the Rules.
Complaint summary
Mr Y has complained that Smiths has failed to inflation link pensions in accordance with its previous undertakings.
View determination
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