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

TPR publishes guidance on Virgin Media judgment remediation

TPR publishes guidance on Virgin Media judgment remediation

While remediation is not available until Royal Assent, actuaries can start the work now

Jonathan Stapleton
clock 26 March 2026 • 3 min read
To PCST or not to PCST?

To PCST or not to PCST?

Annabelle Hardiman says the key question is whether the current governance model remains fit for purpose

Annabelle Hardiman
clock 26 March 2026 • 5 min read
Pensions admin 'needs to cost more'

Pensions admin 'needs to cost more'

Arc Pensions Law says dashboards will lead to more queries as well as more retirement quote and transfer requests

Holly Roach
clock 26 March 2026 • 2 min read
Trustpilot