WPC chairman to seek transfer pause where scams suspected
Calls for scam enquiry
Timms: A relatively small change to legislation could be a potentially huge step
Work and Pensions Committee (WPC) chairman Stephen Timms will table an amendment to the Pension Schemes Bill to allow schemes to pause transfers when a scam is suspected.
Timms, who was appointed to the role in January, declared his intentions during a webinar organised yesterday (25 June) by Prospect. The amendment will be brought forward when the bill reaches the House...
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