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PensionBee urges savers to press MPs for faster pension transfers

The provider launched a letter template to help people write to their MPs about transfer delays, following thousands of signatures on its petition for reform.
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PensionBee has called on Parliament to speed up pension transfer times and is urging savers to contact their MPs. 

The provider has launched a letter template to help people write to their MPs about transfer delays, following thousands of signatures on its petition for reform.

Lisa Picardo (pictured), chief business officer at PensionBee, said: “People power works and MPs listen when their constituents speak up about issues that matter to them.

“Our petition has shown there’s real appetite for pension transfer reform, but we need to turn that momentum into political action. 

“This template makes it easy for savers to tell their MP exactly why this matters.”

Picardo added: “Every week of delay costs people money and undermines confidence in pensions. 

“It’s time for MPs to hear directly from voters that the status quo isn’t good enough.”

Marvin Onumonu

Marvin Onumonu is a Reporter for Workplace Journal and The Intermediary

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