Pensions Fit - The Trustee's Guide To Tricky Transfers

    View Authors May 2015

    Processing member transfer requests is a routine task for those involved in the running of pension plans. However, recent changes in legislation and practice will dramatically impact on this process. Trustees of pension plans should be keeping track of developments and updating their transfer procedures, member communications and documentation to reflect the new regime.

    In this publication we flag some of the important developments that trustees should consider when a pension plan member asks to transfer his benefits to another arrangement and actions that they will need to take in response to the new legislation and industry practice.