New transfer regulations will not stop scams say trustees

Trustees lack confidence the new regime will work and are uncertain as to the process

Jonathan Stapleton
clock • 3 min read
New transfer regulations will not stop scams say trustees

Nearly three-quarters of trustees are not confident the new pension transfer regulations will reduce scams in the long term, latest research from Barnett Waddingham finds.

The consultant's latest research said some 72% of the 101 trustees it polled are not confident the new regulations will, over time, reduce the number of scam victims. Indeed, 25% believe it will in...

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 Industry

Reeves nominates ex-MPC member Jonathan Haskel as next OBR chair

Reeves nominates ex-MPC member Jonathan Haskel as next OBR chair

Imperial College London professor

clock 23 June 2026 • 2 min read
Politicians urged to address long-term sustainability of state pension triple lock

Politicians urged to address long-term sustainability of state pension triple lock

Aegon says the triple lock debate is ‘not a simple case of keep it or scrap it’

Holly Roach
clock 23 June 2026 • 2 min read
Toolkit launched to promote the value of the LGPS

Toolkit launched to promote the value of the LGPS

Toolkit features materials such as video, posters and social media posts

Holly Roach
clock 23 June 2026 • 1 min read
Trustpilot