Question to the Department for Work and Pensions:

To ask His Majesty's Government what protections and rights of appeal are available to public sector pension scheme members who suffer avoidable losses due to incomplete Government Actuary department information when transferring accrued rights to the private sector.

Actuaries providing information in relation to pension transfers are bound to uphold standards and codes of conduct set out by the Institute and Faculty of Actuaries, the professional body for actuaries, and the Financial Reporting Council, the oversight body for the actuarial profession. Both organisations can investigate complaints against individual actuaries (but not organisations) and have established complaints and disciplinary processes.

Where a pension scheme trustee, sponsoring employer or member believes they have suffered a loss as a result of incomplete actuarial information, redress would normally be sought through the courts under professional negligence or breach of contract.