PensionsApr 8 2024

Call for pension switching initiatives to be banned

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Call for pension switching initiatives to be banned
20 per cent of people are more likely to say that they would transfer their pension once seeing a cashback offer of just £100 (Photo: Andrea Piacquadio/Pexels)

Cash incentives encourage people to ignore the “fine print” and switch their pension to a worse option, leading the People's Partnership calling for these initiatives to be banned.

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