Former pensions minister Ros Altmann calls for six-month pause on pension transfers

Market volatility means inaccurate CETVs

Hannah Godfrey
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Ros Altmann: "Pension scheme trustees and independent governance committees will be struggling to understand what the underlying investments are worth."
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Ros Altmann: "Pension scheme trustees and independent governance committees will be struggling to understand what the underlying investments are worth."

Former pensions minister Ros Altmann has called for pension transfers to be suspended for six months in wake of market turmoil caused by the coronavirus.

Altmann said it was "impossible" for pension scheme trustees to be sure of the underlying value of the pension fund, or each individual's share of it and that recently calculated cash equivalent transfer...

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