Consultation on Contracted-out pensions: enabling transfers to schemes that have never been contracted-out
April 12, 2017
The Department for Work and Pensions (DWP) is seeking views on draft regulations to introduce changes to enable transfers, in limited circumstances, of pensioner members, with their consent, to schemes that have never been contracted-out.
The DWP is aware that a number of schemes would like to perform these transfers but are prevented from doing so by the legislation. The consultation closes on 23 April 2017.