Peter Murphy comments on TPO transfer decision set to inform future approach

The Pensions Ombudsman has said pension trustees did not need to conduct due diligence on transfers out between February 2013 and November 2021, after a British Steel Pension Scheme member complained through a claims company despite having signed and returned a Scorpion leaflet. The comprehensive determination will guide the TPO’s future approach to such cases.

In an article for mallowstreet, partner Peter Murphy gives his views on the determination by TPO.

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