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Hartley Pensions: Insolvency

Asked by Freddie van MierloLiberal DemocratTreasuryTabled Answered 22 January 2025UIN 24068

The question

To ask the Chancellor of the Exchequer, if she will take steps to allow Hartley pension holders to transfer their pensions funds to other administrators.

Answered by Emma Reynolds

The Government is actively monitoring the situation of Hartley Pensions and offers our sympathies to the affected customers. Hartley Pensions is a self-invested personal pensions (SIPPs) provider and is therefore the responsibility of the Financial Conduct Authority (FCA) to regulate. The FCA are working with the administrators to ensure the affected customers achieve the best possible outcome and the Government is working with the FCA as part of this process. Unfortunately, the Government cannot comment on any issues relating to an ongoing administration or court case.

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