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
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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...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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