Aviva: Govt must make pension liberation 'impossible'

The insurer said it had seen a rise in the number of suspicious transfer requests and is actively blocking applications where necessary. By the year end, Aviva expects to have stopped about 600 UK cases with a value of approximately £14m, which suggests that the combined insurance industry may be stopping £150m. Aviva head of pension policy John Lawson briefed MPs on the issue in Parliament this week. He said: "Action needs to be taken now to stop pension liberation ‘at source' rather than at the point where providers are being inundated with transfer requests from customers who mo...