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

Transfer changes 'a start, not the finish line', industry says

Transfer changes 'a start, not the finish line', industry says

Clear and practical guidance ‘essential’ to apply the new framework consistently and with confidence

Jonathan Stapleton
clock 22 July 2026 • 4 min read
SPP urges HMRC to amend draft GMP conversion rules

SPP urges HMRC to amend draft GMP conversion rules

Trade body says changes are needed to protect savers from unintended tax charges

Jonathan Stapleton
clock 21 July 2026 • 1 min read
UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

Strategy comes alongside corporate plan and roadmap to give trustees a ‘clear line of sight’

Jonathan Stapleton
clock 14 July 2026 • 6 min read
Trustpilot