Phoenix Life Retirement Annuity Policies VF14124F and VF14674D (PO-4918)
Ombudsman’s Determination
Outcome
Mr S’s complaint is upheld, and to put matters right Phoenix Life should pay him £1,000, including £500 for his distress and inconvenience.
My reasons for reaching this decision are explained in more detail below.
Complaint summary
Mr S’s complaint against Phoenix, the scheme administrator, is that it unreasonably delayed a transfer of his funds to another provider.
View determination
DownloadRelated decisions
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Mercer
Outcome: Not upheldComplaint Topic: Transfers: generalRef: CAS-88424-G5R6Date: