Pensions Ombudsman  

Blow to steelworkers as Ombudsman throws out complaints

“Whilst there were some failings in the financial advice provided in this case, there is always going to be the risk that members assess their decisions with the benefit of hindsight and trustees need to factor that risk into the decisions that they make.”

FTAdviser understands the former members are now seeking support from Parliament to clarify some unanswered questions in the decisions.

The 229 complainants will have the option to present reasons as to why their case, or any element of it, is substantially different from any of the four lead cases.

If successful their case will be investigated on an individual basis.

amy.austin@ft.com, additional reporting by Maria Espadinha

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