SJP and Tideway hit back at pension transfer promotion accusations

In a letter to Work and Pensions Committee chair Frank Field, TUC policy officer Tim Sharp highlighted SJP and Tideway as firms that had been in contact with workers regarding their pensions without the invitation of the sponsoring employer. Sharp said SJP advisers were "very active" in trying to promote cash equivalent transfers during the closure of the British Airways (BA) scheme, and that Tideway has been proactively contacting workers at EDF and Magnox. Contact from either firm was not promoted by the employers, he said. Both firms denied the accusations. A spokesperson from S...