§ Mr. WigginTo ask the Secretary of State for Work and Pensions what plans he has to ensure pension providers transfer funds from one provider to another in a timely and proper fashion. [9428]
§ Mr. McCartneyThe law sets requirements as to the time allowed to trustees and managers of occupational pension schemes to calculate and provide cash equivalent transfer values, and the manner in which they do so. Members' interests are adequately protected by those requirements. We have no plans to make any further provision.