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Nestle UK Pension Fund (PO-21581)

Complainant: Dr D
Complaint Topic: Transfers: general
Ref: PO-21581
Outcome: Not upheld
Respondent: Nestle Pensions
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Dr D’s complaint and no further action is required by Nestle Pensions.

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

Complaint summary

Dr D’s complaint concerns the reduction in the Cash Equivalent Transfer Value (CETV) of his benefits in the Fund not being transferred before the expiry date.

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