Government papers: Bulk transfers of defined contribution pensions without member consent: draft regulations

This consultation seeks views on draft regulations intended to simplify the bulk transfer of defined contribution (DC) pensions without member consent.

The government is seeking views on three draft regulations. These would: replace the requirement to obtain an actuarial certificate for bulk transfers of DC pensions without member consent (DC to DC) with an alternative test and new member protections; remove the scheme relationship condition for these transfers; and, maintain charge cap protections for those transferred without consent.

This consultation follows an earlier call for evidence on bulk transfers of defined contribution pensions without member consent.

The consultation closes at 5pm on 30 November 2017. Please email responses to: [email protected].