TPO publishes first decision on 2021 transfer regulations

TPO rules a trustee cannot be criticised for referring transfers it thinks are suspicious

Jasmine Urquhart
clock • 3 min read
TPO has not upheld a member's complaint about a transfer being delayed due to amber flags being raised
Image:

TPO has not upheld a member's complaint about a transfer being delayed due to amber flags being raised

The Pension Ombudsman (TPO) has published its first decision relating to the 2021 rules on transfer regulations – ruling that a trustee cannot be criticised for referring transfers it thinks are suspicious.

The decision referred to a member's complaint against the trustee of the Western Power Pension, which alleged that the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulatio...

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 Law and Regulation

PPI – How housing costs, pension participation and household finances interact

PPI – How housing costs, pension participation and household finances interact

Priya Khambhaita looks at issues cutting across retirement saving and real-world retirement outcomes

Dr Priya Khambhaita
clock 15 May 2026 • 4 min read
What next for the £14bn Pension Protection Fund reserves?

What next for the £14bn Pension Protection Fund reserves?

SPP says lifeboat fund is now operating in a ‘significantly changed landscape’

Jonathan Stapleton
clock 13 May 2026 • 2 min read
King's Speech has limited impact on pensions

King's Speech has limited impact on pensions

Pensions UK says there may be pension implications from other aspects of the legislative programme

Jonathan Stapleton
clock 13 May 2026 • 1 min read
Trustpilot