Research shows £1.2bn lost from pension transfer decisions

People’s Partnership urged providers to ‘be more transparent’ with consumers

Holly Roach
clock • 1 min read
Research shows £1.2bn lost from pension transfer decisions

More than £1bn has been lost as a result of savers transferring their pensions, according to analysis by People’s Partnership.

The firm's Pension Transfers Loss Index revealed savers may have lost £1.2bn as a result of poor decision making and transferring to higher charging pensions. People's Partnership's research pre...

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

More on Industry

TPR publishes innovation blog

TPR publishes innovation blog

Regulator launches seven ‘design principles’ to guide and improve innovation

Jasmine Urquhart
clock 25 September 2025 • 1 min read
News Digest: HMRC clarifies rules on reversing lump sum withdrawals ahead of Budget

News Digest: HMRC clarifies rules on reversing lump sum withdrawals ahead of Budget

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 24 September 2025 • 1 min read
Buzz: Is it time to scrap the state pension triple lock?

Buzz: Is it time to scrap the state pension triple lock?

Triple lock, PRA regulations around funded reinsurance and longevity improvements

Professional Pensions
clock 22 September 2025 • 1 min read
Trustpilot