Of his own compensation claim, Pruggmayer said: "I don't want an offer of compensation; I want it to be paid immediately." As of September 22, he had not seen the money in his account.
A spokesperson for the Prudential said: “We apologise for the administrative errors that led to an unacceptable delay in amending pension contributions for three of Pruggmayer’s clients.
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"We have since reimbursed Pruggmayer for his time and awarded each of his three affected clients compensation for the distress and inconvenience caused.”
simoney.kyriakou@ft.com
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