Create scheme authorisation regime to intercept bogus transfers, govt told

Michael Klimes
clock • 2 min read

A government proposal to limit the right to transfer to protect members from scams 'lacks ambition' and needs a much tougher approach, says the industry.

Responding to the consultation on pension scams that ended on 13 February, the Pensions and Lifetime Savings Association (PLSA) and Pension Liberation Industry Group (PLIG) instead suggested creati...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

HMRC increases evidence requirements for higher or additional rate relief claims

HMRC increases evidence requirements for higher or additional rate relief claims

Evidence may be required where it would not previously have been requested

Jonathan Stapleton
clock 22 August 2025 • 1 min read
Four 'lucrative areas' for Budget pension reform

Four 'lucrative areas' for Budget pension reform

Treasury could move on tax-free lump sum, tax relief, salary sacrifice or annual allowance in hunt for Budget savings

Jonathan Stapleton
clock 20 August 2025 • 8 min read
PPI – The urgent need for action on adequacy

PPI – The urgent need for action on adequacy

Priya Khambhaita says current minimum contribution rates mean many retirees will not have the DC assets they need.

Dr Priya Khambhaita
clock 19 August 2025 • 3 min read
Trustpilot