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Where DWP should refocus its scam-busting efforts By Maria Merricks 1 st June 2021 4:41 pm Here, two experts share their thoughts on what is wrong and where the efforts should be focused instead. ‘Transfers aren’t the issue’ Andrew Tully is technical director at Canada Life It is clear pension scams are extensive and target vulnerable people, so there should be widespread industry support for the DWP’s measures. However, the reaction has been mixed, to say the least. To understand why, it’s worthwhile walking through the proposals. If a transfer is to a scheme the DWP believes presents a low scams risk, it can proceed without any further intervention. This includes transfers to public sector schemes, master-trusts and personal pension providers which have an insurer as part of their corporate group.

United kingdomClaire trottAndrew tullyPension service mapsDepartment for workFinancial conduct authorityJames place groupPension servicePensions regulatorஒன்றுபட்டது கிஂக்டம்கிளாரி ட்ராட்ஆண்ட்ரூ துள்ளிஓய்வூதியம் சேவை வரைபடங்கள்துறை க்கு வேலைநிதி நடத்தை அதிகாரம்ஜேம்ஸ் இடம் குழு