Royal London Group Personal Pension (CAS-109285-L9Q3)
Ombudsman’s Determination
Outcome
Mr N’s complaint is upheld and, to put matters right, the Employer shall pay £52.07 into Mr N’s new scheme with Standard Life. The Employer shall ensure that Mr Y is not financially disadvantaged by its maladministration. So, it shall arrange for any investment loss to be calculated and paid into the Scheme.