Trustees hide from transfers due to 'red flag' system

The industry is cautious when processing pension transfers due to the ‘red flag’ system

Holly Roach
clock • 1 min read
Trustees hide from transfers due to 'red flag' system

The ‘red flag’ system has made half the industry cautious to process pension transfers, a PP poll finds.

This week's Pensions Buzz found 49% of respondents are cautious of processing transfers, with one noting that trustees "more likely regret making the one transfer that turned out to be a scam than ...

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