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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Pension scheme reform: The key announcements

Pension scheme reform: The key announcements

PP summarises yesterday’s key government pension announcements

Jonathan Stapleton
clock 06 June 2025 • 2 min read
No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

Torsten Bell talks about the government’s package of pension reform

Jonathan Stapleton
clock 05 June 2025 • 3 min read
DWP to legislate over issues arising from Virgin Media judgment

DWP to legislate over issues arising from Virgin Media judgment

Government confirms retrospective actuarial confirmation of benefit changes

Jonathan Stapleton
clock 05 June 2025 • 4 min read
Trustpilot