TPR chief warns of increased demand for DB transfer CETVs
![Charles Counsell: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/1fa43ab/7e366f0a-3c82-4aa2-ba52-37312b0eb71e/3/Counsell-Charles-The-Pensions-Regulator-TPR-580x358.jpg "Charles Counsell: \"Savers [could] rush into decisions about their pensions.\"")
The Pensions Regulator (TPR) chief executive Charles Counsell has warned scheme trustees could see an increased demand for cash equivalent transfer values (CETVs) from defined benefit (DB) members.
In a blog post published on Tuesday (26 May), Counsell said coronavirus could cause two major problems for scheme trustees - CETVs taking longer than usual and more people requesting them. Due to the...
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