Unlocking The Pension Transfer Window

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The pension transfer window which is an avenue for contributors into the Contributory Pension Scheme (CPS) who are dissatisfied with the services of their present Pension Fund Administrators (PFA) to move to another operator, is one aspects of the pension Reform Act 2004 amended in 2014 that is yet to be implemented.


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What Is The Transfer Window?

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Since the inception of the Contributory Pension Scheme (CPS) in 2004, every Retirement Savings Account (RSA) holder has been stuck with only one Pension Fund Administrators (PFA). Understandably, a person is only allowed to open a single RSA in a lifetime.


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