Standard Life Staff Pension Scheme (PO-19153)
Ombudsman’s Determination
Outcome
Mr L’s complaint is upheld, and to put matters right, the Trustees shall pay Mr L the sum necessary to compensate him for the number of units Mr L would have purchased had his transfer been made no later than 25 April 2017.
My reasons for reaching this decision are explained in more detail below.
Complaint summary
Mr L has complained that he was provided with incorrect and misleading information regarding his statutory right to transfer.