Legal
Ombudsman forces managers to make up losses suffered in late transfer
The Pensions Ombudsman has ordered two wealth managers to make up the investment losses incurred by a pensioner on the late transfer of his drawdown fund. Graham Burton complained that St James's Place Wealth Management did not pay the transfer value on his drawdown pension plan into the Axa Retirement…
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Click here to read the full story: pensions-ombudsman.org.uk