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Financial Assistance Scheme (CAS-70419-W1G3)

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Ombudsman’s Determination

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I do not uphold Mr N’s appeal and no further action is required by the Board. 

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FAS appeal – The case study of Mr N

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Mr N had appealed the decision of the Board of the PPF to reduce his FAS benefits going forward. He also believed that some elements of his pension benefits were omitted from the FAS calculations and as a result, his asset share was affected.

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Pension Protection Fund (PPF) – The case study of Mr S

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Mr S had appealed the decision of the Board of the PPF to reduce the pension he had been in receipt of for 15 years.

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Poseidon Average Adjusters ( London ) Limited Retirement Benefit Scheme
(R00553)

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MATTERS FOR DETERMINATION

Mr Harries appeals against the decision by the Financial Assistance Scheme (FAS) that no insolvency event has occurred in relation to the Poseidon Average Adjusters (London) Limited Retirement Benefit Scheme (the Poseidon Scheme) and that as a result it is not a qualifying pension scheme for the purposes of the FAS.

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Famous Army Stores Pension Scheme (S00025)

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Independent Trustee Services Limited (ITS), as independent trustee to the Scheme, appeals against the decision by the Financial Assistance Scheme (the FAS) that the Famous Army Stores Limited Pension Scheme (the Scheme) is not a qualifying pension scheme for the purposes of the FAS, because it is a small self-administered pension scheme (SSAS).

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Trident Alloys Retirement Plan (14727/3)

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MATTERS FOR DETERMINATION

Mr G Sinnott, a member of the Plan, appeals against the Scheme Manager’s review dated 30 July 2007, of the FAS determination dated 26 February 2007.  He states that the FAS rules have not been correctly applied when calculating his entitlement.

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Mr Martin, a member of the Fund, appeals against the Scheme Manager’s review, dated 8 October 2008, of the FAS determination, dated 28 July 2008.  He states that the FAS award has not been calculated correctly.

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Fitzhardinge Retirement Scheme (PPF0-535)

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The Deputy PPF Ombudsman has received an appeal from Mrs Cox, following the FAS review decision dated 25 November 2011. Mrs Cox’s appeal concerns the amount of FAS assistance payable to her.

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Independent Insurance Company Limited Pension Scheme (PPFO-1932)

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The Pension Protection Fund Ombudsman has received an appeal from a member assessment decision made by the PPF under the FAS Internal Review Regulations on 5 April 2013. The appeal concerns the assessment of Mr Wood’s annual payment under the FAS.

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