UK pensioners face delays in accessing funds due to new, unclear DWP transfer rules.

UK pensioners are facing significant delays in accessing their funds due to tightened transfer rules by the Department for Work and Pensions (DWP). Data shows that four out of five transfers have been flagged, often for unclear reasons or low-risk issues, leading to confusion and delays. Financial advisers urge the DWP to clarify regulations and expedite changes to prevent unnecessary disruptions.

3 months ago
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