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Old British Steel Pension Scheme (PO-26022)

Complainant: Mr T
Complaint Topic: Transfers: general
Ref: PO-26022
Outcome: Not upheld
Respondent: Open Trustees Limited
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Mr T’s complaint.

Complaint summary

Mr T has complained that he should have been paid interest for the time it took to complete his transfer-out of the OBSPS. The OBSPS closed to any future accrual of benefits on 31 March 2017, and Mr T transferred-out on 5 March 2018. Mr T has complained that he should have received interest for this period.

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