Pension schemes urge FCA to remove DB transfer rules confusion

Stephanie Baxter
clock

The National Association of Pension Funds (NAPF) has urged the UK watchdog to resolve confusion in its proposed rules on transfers from defined benefit to defined contribution schemes.

Responding to the Financial Conduct Authority's (FCA) consultation on advise on transfers, the association raised concerns about the inconsistent treatment of benefits with guaranteed annuity rates...

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

Omission may leave trustees unable to select CDC as guided retirement option

Omission may leave trustees unable to select CDC as guided retirement option

Retirees could be defaulted into annuity purchase default over CDC at retirement

Jonathan Stapleton
clock 24 October 2025 • 1 min read
Torsten Bell: Leave aside cynicism and get on with the job of making CDC work

Torsten Bell: Leave aside cynicism and get on with the job of making CDC work

Minister says CDC has important role in task of finishing pensions settlement

Jonathan Stapleton
clock 23 October 2025 • 4 min read
Government green-lights CDC scheme expansion

Government green-lights CDC scheme expansion

UMES regs to be laid in parliament this week and DWP to consult on retirement CDC policy

Jonathan Stapleton
clock 22 October 2025 • 5 min read
Trustpilot