How trust-based schemes will be forced to tackle transfer time failings

PP takes a look at the Treasury's plans for improving transfer performance at trust-based schemes.

Stephanie Baxter
clock • 4 min read

The Treasury is taking action after finding that transfers at trust-based schemes for when people assess the pension freedoms take significantly longer than those at contract-based schemes. Stephanie Baxter looks at the details.

At a glance Average transfer times take 2.5 times longer at trust-based schemes Trust-based schemes will have to report on transfer performance Electronic transfer services could h...

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