Chevron UK Pension Plan (CAS-39456-K5F1)
Ombudsman’s Determination
Outcome
I do not uphold Mr N’s complaint and no further action is required by the Trustee.
Complaint summary
Mr N has complained that the Trustee should not have transferred his pension benefits out of the Plan to the STM G.I.B. Pension Transfer Plan (STM). He has said that a number of the individuals involved with the transfer were not regulated and that a Qualifying Recognised Overseas Pension Scheme (QROPS) was not suitable for him.
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