Written Question·Department for Work and Pensions·UIN 51439

Workplace Pensions

Tabled: 12 May 2025
Answered: 16 May 2025
Named Day

Question

Zarah Sultana

Your PartyCoventry 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 Bell
The 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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