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Violation Tracker UK Individual Case

Company: Abbey Life
Current Parent CompanyPhoenix Group Holdings PLC
Parent at the Time of the Penalty Announcement: Deutsche Bank
Recap of Ownership Changes: Phoenix Group acquired Abbey Life from Deutsche Bank in 2016.
Penalty: £500
Year: 2014
Date: 10 September, 2014
Offence Group: employment-related offences
Offence Type: pension plan violation
Violation Description: Benefits: Incorrectly Calculated
Action Type: agency action
Agency: The Pensions Ombudsman
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: insurance and retirement services
Source of Data(click here)