Staveley Industries Retirement Benefits Scheme (PO-9061, PO-9059 and PO-7262)
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Ombudsman’s Determination
Complaint summary
- Mr S’s complaint against the Trustee, Staveley Industries Plc, the previous employer, and PS Independent Trustee Limited, the SIRBS manager is that his pension in payment increases were reduced to 3% per annum. He says that he is entitled to 5 % per anum increases as stipulated in the SIRBS rules.
- The Additional Applicants’ complaints set out above have been associated with Mr S’s complaint by my office.