'Major issues': DWP must resolve pension transfer problems

Quilter presses DWP to take ‘urgent action’ over transfer delays

Jenna Brown
clock • 3 min read
Quilter head of retirement policy Jon Greer
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Quilter head of retirement policy Jon Greer

Persistent problems with pension transfer regulations are causing headaches for savers and must be urgently resolved by the Department for Work and Pensions (DWP), Quilter has said.

A freedom of information (FOI) request from the business to the Money and Pensions Service (Maps) revealed thousands of pension transfers have been halted unnecessarily because of the regulations. ...

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