Regulators warn P&O members against 'quick decisions' on pension transfers

TPR, FCA and Maps

Hope William-Smith
clock • 2 min read
Regulators warn P&O members against 'quick decisions' on pension transfers

The Pensions Regulator (TPR) has issued a joint statement with the Money and Pensions Service and the Financial Conduct Authority (FCA) warning members of P&O’s pension schemes “not to make any quick decisions” about transferring their pensions.

The regulators and guidance service said the warning comes "following recent media reports" and their combined concerns over "heightened risk of pension transfers" following P&O Ferries' sacking of 800...

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