Legal News

FCA provides information on reporting pension transfer requests which give cause for concern

Published on: 17 February 2023
Published by LNB News

LNB News 17/02/2023

Document Information

Issue Date: 17 February 2023

Published Date: 17 February 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has published a webpage explaining how pension schemes or trustees who have carried out checks and have serious concerns about a pension transfer should report their concerns. The webpage covers: what the FCA wants to know about; information which should be given to the FCA; increases in the volume of transfers advised by the same firm; how to report information to the FCA; and what to do if a scam may be involved.

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