Ruling allows divorcee to keep £100,000 pension overpayment

Sandra Haurant
Scottish Widows
Scottish Widows

A divorced mother who was given almost £100,000 too much by a pensions company following a valuation error has been told by the Pensions Ombudsman that she should be keep the money.

Natalie McNicholas received £311,500 in her pension fund when the couple divorced. However, Scottish Widows, her husband's pension provider, later said that the amount was incorrect and that mistakes had been made when evaluating Mr McNicholas's pension. It said she should, instead, only have received £213,850.