I welcome this measure in the Bill, reflecting changes in the other place. As the Secretary of State said, the intention is to require, in certain circumstances, savers to take advice before they move their pension savings into what might be a scam. I wonder whether she agrees with me that we should go further and allow trustees to prevent a transfer where it looks as though the savings are going into a scam.
Pension Schemes Bill [Lords]
Proceeding contribution from
Stephen Timms
(Labour)
in the House of Commons on Wednesday, 7 October 2020.
It occurred during Debate on bills on Pension Schemes Bill [Lords].
About this proceeding contribution
Reference
681 c913 Session
2019-21Chamber / Committee
House of Commons chamberSubjects
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Timestamp
2020-10-08 12:59:20 +0100
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