HBOS Final Salary Pension Scheme (PO-690)
Complainant: Mr L Reed
Complaint Topic: Benefits: incorrect calculation
Ref: PO-690
Outcome: Not upheld
Respondent: Lloyds Banking Group (Employer) (the Group) HBOS Final Salary Trust Ltd (the
Trustee)
Trustee)
Type: Pension complaint or dispute
Date:
Appeal: No
Mr Reed disagrees that his July 2010 salary increase should be subject to a pensionable salary cap introduced in April 2010. The Deputy Pensions Ombudsman’s determination and short reasons The complaint should not be upheld against either the Lloyds Ba …
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