DWP transfer regulations review must remove 'extra red tape'

Industry urges government to eliminate obstacles holding up genuine transfers

Martin Richmond
clock • 6 min read
DWP transfer regulations review must remove 'extra red tape'

The industry has welcomed the findings of the Department for Work and Pensions’ (DWP) review into the legislation governing pension transfer regulations but has emphasised there is more work to be done to improve efficiency and protect members from scams.

In its review of the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021 - published yesterday (21 June) - the DWP pledged to work with industry bodies and The Pen...

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