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Westwind Air Bearings Ltd Retirement Benefits Scheme (PO-24614)

Complainant: Mr S
Complaint Topic: Guaranteed annuity rate
Ref: PO-24614
Outcome: Not upheld
Respondent: Origen Financial Services Ltd
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Mr S’ complaint and no further action is required by Origen.

Complaint summary

Mr S’ complaint against Origen is that a guaranteed annuity rate is not being applied to his Scheme benefits. He was expecting to receive a pension of about £22,000; he is currently projected to receive a pension of about £17,000.

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