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Problem with pension provider
MarcoM
Posts: 809 Forumite
Hi,
Some time ago a small pension fund that I accumulated by working two years for an employer was transferred to another provider after said employer was bought over by a large corporation.
I have enquiried about transferring out my benefit but they have not responded to my letters.
Does the FSA cover complaints about a company's administration of a pension scheme? Or is there another organisation that deals with pension complaints?
Many thanks
Some time ago a small pension fund that I accumulated by working two years for an employer was transferred to another provider after said employer was bought over by a large corporation.
I have enquiried about transferring out my benefit but they have not responded to my letters.
Does the FSA cover complaints about a company's administration of a pension scheme? Or is there another organisation that deals with pension complaints?
Many thanks
0
Comments
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The FSA handle retail. The pensions regulator will handle occupational.
http://www.thepensionsregulator.gov.uk/I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
thanks. do they have similar rules to the fsa ie. needing a letter of deadlock or eight weeks since complaint before dealing with the provider directly?0
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Hi,
Some time ago a small pension fund that I accumulated by working two years for an employer was transferred to another provider after said employer was bought over by a large corporation.
I have enquiried about transferring out my benefit but they have not responded to my letters.
Does the FSA cover complaints about a company's administration of a pension scheme? Or is there another organisation that deals with pension complaints?
Many thanks
Who are you trying to contact? If it's the insurance company I think you are writing to the wrong people. You would be better off talking to the pension department of the "large corporation". Try phoning them in the first instance.0
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