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  • Closed consultation The advice requirement and overseas pension transfers consultation

    Topics:
    • Benefits and pensions, 
    • Pensions

    Consultation closed Consultation opened 13 October 2016, 11.05 am and closed 23 December 2016, 5.00 pm

    Summary

    This call for evidence seeks to gather information on how the requirement to take advice is working for overseas members, and whether the current process should be maintained or adapted, to work better for individuals who are moving or already resident overseas.

    Documents

    • The advice requirement and overseas pension transfers: A call for evidence on members with safeguarded pension benefits transferring outside the UK Adobe PDF (188 KB)
    • Call for Evidence - Consultee Letter Microsoft Word (716 KB)

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    Consultation description

    This call for evidence is aimed at organisations and providers directly, or indirectly involved in advising or transferring safeguarded pension benefits to overseas schemes. This will include those who administer and manage both occupational and personal pension schemes; pension experts and lawyers; UK and overseas financial advisers and their representative bodies; and overseas pension schemes who have experience of receiving transfers from UK schemes.

    The Government would also welcome comments from consumer groups and pension scheme members.

    Ways to respond

    Consultation closed — responses are no longer being accepted.

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