PP Live 2023: Margaret Snowdon sets out transfer reg lessons

PSIG chair says broad and loosely written rules mean some legitimate transfers are blocked

Jasmine Urquhart
clock • 2 min read
PSIG chair Margaret Snowdon. Photo: Naomi Gabrielle Photography
Image:

PSIG chair Margaret Snowdon. Photo: Naomi Gabrielle Photography

Pensions Scam Industry Group (PSIG) chair Margaret Snowdon OBE delivered a talk at yesterday’s Professional Pensions Live, summarising the key indicators of pension scam transfers.

Referring to The Pensions Regulator's regulations that came out in November 2021, Snowdon said PSIG "got exactly what we asked for - power to stop transfers that we think are suspicious", plus tips...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Pension honours, LGPS surpluses and Standard Life PRT venture

Professional Pensions
clock 24 August 2026 • 1 min read
Schemes need 'greater visibility' of how AI is being used in operations

Schemes need 'greater visibility' of how AI is being used in operations

Penfold says AI could make pensions better but warns the industry to adopt it responsibly

Holly Roach
clock 24 August 2026 • 2 min read
You can't fix pensions without a plan for an ageing Britain

You can't fix pensions without a plan for an ageing Britain

Patrick Heath-Lay says government must be clear about what the state pension provides

Patrick Heath-Lay
clock 24 August 2026 • 4 min read
Trustpilot