Pension savers 'at greater risk' after High Court transfer ruling

Royal London blocked suspect transfer

Jenna Towler
clock • 3 min read

Savers will be at "greater risk" from pension scams following a landmark High Court ruling which saw a provider's decision to block a suspicious transfer overturned.

The case, Hughes v Royal London, focused on a £9,000 pension transfer request made in 2014 to a new scheme. Royal London refused the request because it had concerns about the status of the scheme. Hughes' right to transfer was also questioned. Hughes took her case to the Pensions Ombudsman who ruled in favour of Royal London. However, the case was successfully appealed to the High Court. Legal experts say that the judgement, in favour of Hughes, could give rise to "further marketing of dubious schemes on the basis that the legal basis for declining transfers has been brought into q...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why documentation is king in the world of SSAS

Why documentation is king in the world of SSAS

'SSAS documentation - it isn't just best practice or a fiduciary requirement'

Caitlin Southall
clock 04 July 2025 • 4 min read
Steve Webb: Sceptical advisers should not give up on pensions dashboard

Steve Webb: Sceptical advisers should not give up on pensions dashboard

‘A big mistake to underestimate the impact it will have’

Jenna Brown
clock 03 July 2025 • 3 min read
What role can advisers play in closing the gender pension gap?

What role can advisers play in closing the gender pension gap?

Advisers are uniquely placed to influence the gender pension gap

Olivia Perry
clock 02 July 2025 • 7 min read