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Pensions Ombudsman update - December 2018

During the last quarter, the Pensions Ombudsman has handed down a number of noteworthy decisions, relevant for trustees and sponsoring employers of pension schemes, and their professional advisers.

Our latest quarterly edition includes commentary on the following important topics:

  • Pension liberation: trustees required to carry out higher due diligence on transfers.
  • Pension rights: widening employer's duty to advise employees on the financial impact of their decisions.
  • Trustees’ duty of care: incorrect cash equivalent transfer value (CETV) on pension sharing order (PSO) resulting in maladministration.

Download the full update for more on the impact of these key decisions.

This publication is intended for general guidance and represents our understanding of the relevant law and practice as at December 2018. Specific advice should be sought for specific cases. For more information see our terms & conditions.

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