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Lloyds Bank “Your Tomorrow” Pension Scheme (CAS-30731-X8Y7)

Complainant: Mr R
Complaint Topic: Fund switches
Ref: CAS-30731-X8Y7
Outcome: Not upheld
Appeal outcome: None
Respondent: Lloyds Banking Group Trustees
Type: Pension complaint or dispute
Date:
Appeal: No

Ombudsman’s Determination

Outcome

I do not uphold Mr R’s complaint and no further action is required by the Trustee.  

Complaint summary

Mr R’s complaint concerns the transfer of his invested benefits within the Scheme from a global equity fund to a mixed investment fund (where both of which were component parts of different, default lifestyling arrangements).

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