Contracted-out pensions: enabling transfers to schemes that have never been contracted-out

This consultation seeks views on draft regulations to introduce changes to enable transfers, in limited circumstances, of pensioner members, with their consent, to schemes that have never been contracted-out.

The consultation is mainly aimed at:

• pension administrators and employers who sponsor formerly contracted-out defined benefit occupational pension schemes
• those intending to establish new defined benefit schemes

We also welcome comments from:

• the pension industry
• pension schemes trustees and members
• member representative organisations
• any other interested organisations