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State Street Group Personal Pension Plan (CAS-108141-F2X8)

Complainant: Mr R
Complaint Topic: Contributions: failure to pay into scheme
Ref: CAS-108141-F2X8
Outcome: Partly upheld
Appeal outcome: None
Respondent: State Street Bank and Trust Company
Type: Pension complaint or dispute
Date:
Appeal: No

Ombudsman’s Determination

Outcome

Mr R’s complaint against the Employer is partly upheld. To put matters right, the Employer shall pay Mr R £500 in recognition of the distress and inconvenience he suffered. 

Complaint summary

Mr R has complained that the Employer failed to make an agreed 9% employer pension contribution in his first month of employment.

He wants the Employer to make right the missing contribution of £1,085.19 and any potential investment loss due to late payment. He also wants to be compensated for the distress and inconvenience caused.  

View determination

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