Bulk transfers of pension benefits | Practical Law

Bulk transfers of pension benefits | Practical Law

This note considers the issues arising on the bulk transfer of members' accrued pension rights from occupational pension schemes. It covers the statutory provisions allowing bulk transfers without consent, including provisions that came into force in April 2018 relating to bulk transfers between defined contribution schemes without consent, and other issues that trustees considering a bulk transfer will need to take into account.

Bulk transfers of pension benefits

Practical Law UK Practice Note w-017-2244 (Approx. 17 pages)

Bulk transfers of pension benefits

by Practical Law Pensions
MaintainedEngland, Scotland, Wales
This note considers the issues arising on the bulk transfer of members' accrued pension rights from occupational pension schemes. It covers the statutory provisions allowing bulk transfers without consent, including provisions that came into force in April 2018 relating to bulk transfers between defined contribution schemes without consent, and other issues that trustees considering a bulk transfer will need to take into account.