Workplace Pensions
Commons · Question 51439 · Tabled 12 May 2025 · Department for Work and Pensions · Official record
Answered 16 May 2025
Question
Asked by Zarah Sultana
To ask the Secretary of State for Work and Pensions, what steps her Department is taking to increase (a) transparency and (b) control for consumers in the defined contribution pension transfer process, in relation to the inability of Independent Financial
Answer
Answered by Torsten Bell, 16 May 2025
The Department is working with regulatory bodies, the pensions industry and other stakeholders to identify and explore potential changes to pension transfer processes that will enable greater efficiency, whilst providing savers with effective consumer pro...