UK - OPRA has defended its decision to allow pension schemes to delay giving members written value calculations when they want to transfer out.
And the regulator – which has been accused of “locking” members into poorly-performing final salary plans – insists there is no great rush of people requesting transfers out of schemes with funding...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
