SPP response to the FCA discussion paper, “Pensions: Adapting our requirements for a changing market”

This is a short response to the FCA Discussion Paper, focusing on just one of the nine questions, the important issue of Transfer Regulations. The regulations continue to result in delays in transfer processing; don’t align with the original policy intent and are causing schemes and members considerable problems. As a result, this response highlights industry concerns with a view to securing a practical solution.