The advice requirement and overseas pension transfers consultation

Consultation opened on 13 October 2016. Closing date 23 December 2016.

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

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.
 

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