Scheme:
Stanley Black & Decker UK Pension Plan
Complainant:
Mr N
Respondent:
1. Capita 2. Trustees of the Black and Decker UK Pension Scheme (the Trustees)
Topic:
Misquote/misinformation
Ref:
PO-20002
Date:
Fri 9 Nov 2018
Outcome:
Not upheld

Ombudsman’s Determination

Outcome

I do not uphold Mr N’s complaint against the Trustees or Capita and no further action is required.

My reasons for reaching this decision are explained in more detail below.

Complaint summary

In summary, Mr N’s complaint is:-

  1. Capita, at the time the administrator of the Scheme, provided incorrect information as to when he would be able to access his pension without reduction.
  2. Based on that information, he resigned from employment in anticipation that his full pension would come into payment at age 60.

View determination