Industry calls for ban on pension switching incentives

PP survey finds 61% back calls for ban and voice concerns over need for the practice

Jonathan Stapleton
clock • 2 min read
Incentives to transfer DC pensions may lead people to make suboptimal decisions
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Incentives to transfer DC pensions may lead people to make suboptimal decisions

Nearly two-thirds of the industry believe pension switching incentives should be banned, the latest Professional Pensions poll shows.

The results of last week's Pensions Buzz survey found 61% of respondents believed pension switching incentives should be banned, against 29% who said they should not and 10% who said they were unsu...

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