Free factsheet to download on Pension Increase Exchanges and Enhanced Transfer Values
Transfer incentive exercises and PIEs are legal. The voluntary code described above was developed by an industry-led group and accepted by the Pensions Regulator (TPR). All employers carrying out transfer incentive exercises and PIEs should follow the code. An important point to note is that the code does not allow cash payments to members. This is inside information from an Independent Trustee uk.
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This factsheet was put together by PTL Manager, Eddie Hopkins