Written Question·Department for Work and Pensions·UIN 51439
Workplace Pensions
Tabled: 12 May 2025
Answered: 16 May 2025
Named DayQuestion
Zarah Sultana
Your Party — Coventry South
To ask the Secretary of State for Work and Pensions, what steps her Department is taking to increase (a) transparency and (b) control for consumers in the defined contribution pension transfer process, in relation to the inability of Independent Financial
Answer
Torsten BellThe Department is working with regulatory bodies, the pensions industry and other stakeholders to identify and explore potential changes to pension transfer processes that will enable greater efficiency, whilst providing savers with effective consumer pro...
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