We have the ombudsman cases we wanted – but they provide cold comfort

When the pensions ombudsman published its first determination on a pensions liberation case late last year, I blogged that the key cases for schemes would be where trustees had blocked suspect transfers. The first few of those have now been made public.

The determination covers three cases: Mrs Kenyon with provider Zurich, Mrs Jerrard with provider Aviva and Mr Stobie with provider Standard life. 

In all of these cases the members' attempts to transfer out of their schemes had been blocked by the provider. 

The ombudsman concluded with this, rather backhanded, justification of the providers' decision. From its summary release on Friday:

Despite this, the ombudsman went on to say: "In two of the cases that the FCA regulated, providers went beyond the Pensions Regulator's guidance."

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