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 East 17 bandmember Brian Harvey in 'very desperate situation’
- 2 Is this bridge haunted by the ghost of nu rave?
- 3 Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
- 4 The West has it totally wrong on Lee Kuan Yew
- 5 Scientists have discovered a simple way to cook rice that dramatically cuts the calories
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
The West has it totally wrong on Lee Kuan Yew
Revealed: Putin's army of pro-Kremlin bloggers
iJobs Money & Business
Negotiable: Recruitment Genius: To provide a prompt, friendly and efficient se...
Negotiable: Recruitment Genius: You will be the first point of contact for all...
£18000 - £24000 per annum + benefits: Ashdown Group: HR, Payroll & Benefits Of...
£35000 - £38000 per annum + benefits : Ashdown Group: A highly successful, int...