Veste

Not upheld: Service failures generally complaint against Prudential Assurance Company Limited

Financial Ombudsman decision DRN-6252742 of 2026-07-03T00:00:00+00:00. Service failures generally complaint against Prudential Assurance Company Limited. Outcome: Not upheld.

Decision detail

ReferenceDRN-6252742
Decision date2026-07-03T00:00:00+00:00
FirmPrudential Assurance Company Limited
ProductPension
Claim typeService failures generally
OutcomeNot upheld
RemedyNo additional remedy ordered. The £175 compensation already paid by Prudential (£75 initial plus £100 additional) was deemed sufficient.

Summary

Mr S complained that he could not use Prudential's online facility to request withdrawals from his Retirement Account since October 2024, forcing him to use the less convenient telephone service instead. Prudential identified a system defect affecting a group of customers and paid £175 in compensation, but could not provide a timescale for resolution or guarantee that opening a new account would help. The ombudsman found that online withdrawal was not specified as a core service in the product terms and conditions, that telephone withdrawals provided an equivalent service level agreement, and that the compensation already paid was fair and sufficient.

The Ombudsman's reasoning

The ombudsman found that while online access is convenient, the product terms and conditions do not specify that online withdrawal is a core service offering. The ombudsman noted that Mr S can still make withdrawals by telephone with the same processing timescale as online requests. Although Prudential identified a system defect and its technical team is investigating, the ombudsman considered this a matter of commercial judgment and prioritisation. The ombudsman was satisfied that Prudential had provided a reasonable alternative service and that the £175 compensation already paid was fair acknowledgment of the inconvenience caused.

How this compares

GroupDecisionsUphold rate
Prudential Assurance Company Limited, all decisions30%
Service failures generally, all decisions34,22932%
Pension, all decisions15,62147%

Source

Read the original decision on the Financial Ombudsman Service website