questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of the standard corporate insolvency regime for ensuring the timely and cost-effective transfer of client Self-Invested Personal Pensions; and if she will commit to reviewing the case for a bespoke Self-Invested Personal Pensions Operator insolvency regime to better protect retirement savings.
answerText: The Government recognises that the insolvency of a Self-Invested Personal Pension (SIPP) operator can have a significant impact on customers as we have seen in some high-profile cases recently. The current corporate insolvency regime does enable transfers...
heading: Personal Pensions: Insolvency