Pensions - Articles - Comment on Hughes v Royal London Group

 “Pensions Liberation and pensions fraud raise serious concerns for providers like Royal London. We therefore take transfer requests very seriously and look out for the warning signs highlighted by the Regulators and relevant guidance. In spite of what we might find, if a customer has a statutory right to a transfer then there is very little we can do if the customer wants to proceed. The transfer must be allowed.

 This judgement provides greater clarity on the circumstances which determine when that statutory right exists and we will obviously comply with the Court Order relating to Ms Hughes’ transfer.
 
 Royal London’s concern has only ever been to comply with the Regulatory guidance and to assist our policyholders to avoid circumstances where they risk losing all or part of their pension benefits.”