Unilever UK Pension Fund (PO-12808)
Ombudsman’s Determination
Outcome
The complaint is not upheld because:
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it has not been proven that the Guarantee has not been met; and
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the Trustee of the Fund (the Trustee) can exercise its discretion whether to grant Mr R a pension from the Uniac Fund.
Complaint summary
Mr R’s complaint is two-fold. His first complaint concerns a guarantee he was given by Unilever, in 1978 (the Guarantee). He does not believe that Unilever is adhering to the Guarantee and as a result, he has incurred a financial loss.
His second complaint concerns the pension he has been granted from the Uniac Fund. He believes that he has been granted a pension from the Uniac Fund, contrary to the Uniac Fund’s Rules (the Uniac Rules).
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Mr Simon Hamilton Kaigh
Mr Michael McNally
Eleven Property Limited (Eleven Property)
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