Giving trustees the power to block defined benefit (DB) transfers should they hold concerns around their suitability last year was the right decision, the industry says.
It is now almost ten months on from the Department for Work and Pensions' (DWP) introduction of the enhanced powers, which allow trustees to block or pause transfers were there is potential scam ac...
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
