L&G glitch hits 12,000 pension payouts
Some 12,000 pensioners were left without annuity payouts after a blunder by insurance giant Legal & General.
The company said it was working to sort out the problem but it was a "one-off" which would not affect the pensions of its other 650,000 annuity customers.
Those who failed to get paid may have to wait until Tuesday for their cash to clear the banking system, the company said, but it hoped most customers will get their cash this morning.
L&G urged people left short because of the computer glitch to contact the company and promised to ensure no one is left out of pocket.
A spokeswoman said L&G would recompense customers incurring any extra costs or bank charges.
She added: "This is a one-off event just affecting customer payments due on 21 February. No other annuity customer payments are affected.
"We regularly make payments to over 650,000 customers and have been doing so for over 35 years. This is the first time we've not been able to make payments on time." Affected L&G customers should call its help line on 01737 375151.
- 1 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Canadian woman suing police who locked her in van with sex offender who then raped her
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Putin opponent reveals Russian President's daughter's secret identity
Ball pool for adults opens in London
Gay couple buy JebBushForPresident.com web domain, and refuse to sell
Canadian woman suing police who locked her in van with sex offender who then raped her
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
King Abdullah dead: We can't afford not to hold Saudi Arabia's royals to account
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...