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People Moves: Week ending Friday 17 February 2023

DWP selects new chair for the Money and Pensions Service

Sara Weller has been appointed as the permanent chair of the Money and Pensions Service (Maps), assuming the role on 29 March 2023.

Consumer Duty and vulnerable clients: Strategies for 2023

With Consumer Duty taking effect in just six months, what progress was made in 2022 towards achieving good outcomes for vulnerable customers? And what can we expect in 2023? Jonathan Barrett shares his views.

TPR issues guidance urging trustees to support DC savers during cost of living crisis

DWP urged to overhaul pension transfer rules in bid to clarify amber flag rationale

A majority of pension transfers which raised an amber warning flag were as a result of an unknown reason or for transfers pertaining to overseas investments, according to data released by the Money and Pensions Service (Maps).

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