Clariant Pension Plan (CAS-51076-L6K5)
Ombudsman’s Determination
Outcome
I do not uphold Mr S’ complaint and no further action is required by the Trustee.
Complaint summary
Mr S has complained that the rules governing the Plan provide for fixed annual increases of 5% on his pension but the Trustee has restricted the increases to 3% based on obsolete HMRC limits.
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