Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether her Department is taking steps to amend regulations on mechanisms for transferring pensions between scheme providers.

Following commitments made in response to the review, DWP has conducted extensive work with the FCA, HMT, The Pensions Regulator and the pensions industry to consider if the practical application of the transfer regulations could be improved, whilst retaining appropriate levels of protection for pension scheme members.

DWP Officials continue to develop this work and we will look to formally share the outcome as soon as is practical.