Saturday 24 August 2019
Select a region

Woman battles to reclaim her lost pension money

Woman battles to reclaim her lost pension money

Tuesday 11 June 2019

Woman battles to reclaim her lost pension money


A trial date has been set for a dispute between a local trust company and a woman from the UK, who claims they lost her pension through handling it with 'gross negligence'.

Manita Khuller had a pension through her work in England, but at one point she was notified it was being moved from within her company to a firm in Guernsey.

That trust company then invested the money into three different schemes, but it was not long before one of those investments containing 50% of Ms Khuller's money collapsed. 

Since, the other two investments have been devalued, and one frozen, and she now fears she will never see her money again.

Ms Khuller will face the company representing herself. It is being represented by Advocate Mark Dunster. The trial will take place in November, and she is expected to argue they acted with gross negligence and reckless disregard, and claim full compensation for what she has lost, including any potential interest.

Speaking in a interlocutory hearing last week, she said she felt her money had been put into 'Ponzi schemes', all without her consent or knowledge. She questioned if there had been the proper regulation of where and how her money was being used. 

The trial will start on 12 November and will run for four days. It will be heard by a full court of Jurats. 

Pictured top: Manita Khuller. 

Sign up to newsletter

 

Comments

Once your comment has been submitted, it won’t appear immediately. There is no need to submit it more than once. Comments are published at the discretion of Bailiwick Publishing, and will include your username.

There are no comments for this article.

To place a comment please login

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?