Calls for greater trustee power as WPC scam inquiry consultation closes
Trustees need to be given the choice to directly refuse pension transfers if the industry is to properly plug the proliferation of scams, the Work and Pensions Committee (WPC) has been told.
As the committee's call for input on the first phase of its three-part inquiry into the impact of pension freedoms closes today (9 September), MPs were told that statutory rights to transfer limited the...
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MPs jeopardising pension security without further bill amendments, Altmann says
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Appoint a minister for scam prevention, government urged
The government should consider handing to a minister the specific responsibility for tackling the growing number of scams across the finance sector, AJ Bell says.
