Ombudsman regulations unamended

Professional Adviser
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The Department For Work & Pensions has decided against amending pension ombudsman regulations to all...

The Department For Work & Pensions has decided against amending pension ombudsman regulations to allow the scheme-wide application of individual rulings. At present, determinations by the ombudsman are on a case-by-case basis and the amendments proposed extending these to all similar classes of beneficiary within the same occupational pension scheme. Rachel Vahey, deputy manager of pensions development at Scottish Equitable, said the sheer logistics of extending ombudsman rulings have proved more challenging than the Government originally expected and she is hopeful it finds a way to b...

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