transfers

Transfers to Qualifying Recognised Overseas Pension Schemes (QROPS) are down for the second tax year in a row - to 9,700 transfers worth £1.22bn in 2016/17 - according to HM Revenue & Customs data.

Jon Hatchett looks at the FCA's proposals for advice on pension transfers, highlighting some issues with its recommendations and pointing out some glaring omissions

Transfers out of defined benefit schemes have increased substantially over the past year. Charlotte Moore looks at the challenges this is posing for schemes

The Pension and Lifetime Savings Association (PLSA), Pensions Administration Standards Association (PASA) and Society of Pension Professionals (SPP) have joined the cross-industry group on improving transfers and re-registration.

Enquiries on transferring final salary pensions overseas shot up in December as savers feared the effect of the upcoming Brexit negotiations, according to deVere Group.

The government has set out detailed plans to ban cold calling and give more powers to trustees to stop rogue transfers. Michael Klimes asks if it is enough to stop scams.

Over £100bn has been transferred by the Origo Options Transfers service since it started eight years ago, driven by rising demand since Freedom and Choice.

Trade bodies have launched a consultation to explore how all types of pension transfers can be sped up to improve access for members.