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Widow's £160,000 pension fight with City giant

Evening Standard

|

February 06, 2023

A LONDON widow is in dispute with one of the world's biggest financial services giants after it clawed back most of her husband's workplace pension pot following his sudden death.

- Jonathan Prynn

Widow's £160,000 pension fight with City giant

Claire Meier was left to raise their young son alone when her husband Mark Underhill died from leukaemia in 2021 at the age of 46 just three weeks after a shock diagnosis.

He had worked for the US asset management and banking group Northern Trust, which has its London office in Canary Wharf, for 11 years. Ms Meier, 46, was told that the rules of his pension policy allowed Northern Trust to claw back three-quarters of his contribution pension fund.

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