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
- Call for Evidence - Consultee Letter
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.