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Talkback

“No, I don&#39t think it&#39s right, quite frankly.”

Mike Higgs,Verulam Investments & Pensions

“Yes they should have the power. It is basically a market value adjuster and protects those in the scheme. It is only something they will do in difficult times.”

Byron Longstaff, Byron Longstaff Independent Financial Consultancy

“No. People should be able to get their hands on their own money when they want to. Trustees were already able to delay payments by three months – this is too much.”

Tom Clyde, RS Robertson & Co (Pensions & Investments)

“No, Opra should be allowed to prevent people from using their freedom to opt out of their scheme. This is going to create yet another grey area for advisers, who will be unsure what to tell clients.”

Steve Grove, Affinity Independent financial Advisers

“Absolutely not. Deferred members have a right to transfer. It is effectively applying a market value adjuster.”

Carl Melvin, Pension Transfer Solutions

“No. It seems unfair if you have funds that you can&#39t get your hands on.”

David Bradley, The Money Shop (Truro)

“No. If people want to transfer, then they should be allowed. It is a matter of freedom of choice.”

Richard Pepper, The Kenneth Alan Partnership

“It is certainly a good idea to stop people doing it. Generally, if they are sold the idea, then it is for the wrong reasons.”

Fabian JA Finlay, FCA

Yes 25%

No 75%

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