Early day motion tabled by primary sponsor Brian Mathew (Liberal Democrat), on Thursday, 25 June 2026, in the House of Commons. It is signed by 5 members in total. The primary sponsor has subsequently withdrawn this motion.

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Hartley Pensions and FCA enforcement action

That this House notes with great concern the slow administration of Hartley Pensions Ltd; further notes that this is causing considerable financial stress and hardship for the many pension holders who are still waiting for the transfer of their pension; also notes that administrators UHY Hacker Young have successfully applied for an extension three times, with administration now set to run until July 2027, and that further extensions are possible; notes the Financial Conduct Authority's (FCA) warning notices alleging that Hartley improperly put its interests above those of pension holders, provided false and misleading information to the regulator, and withdrew substantial amounts of customers' pension funds without their consent and for an individual's own financial benefit; further notes that as of October 2025 only 2,636 of 6,000 clients contacted had been transferred to another provider; and calls on the Government to work with the FCA to conclude enforcement proceedings swiftly, accelerate the transfer of remaining pension holders, and review the regulatory framework for self-invested personal pension operators to prevent a recurrence of such harm.

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Secondary information

Type

Early day motion

Reference

456 

Session

2026-27

Other sponsors

Jim Shannon

Lee Dillon

Clive Jones

Freddie van Mierlo

Subjects

Personal pensions Financial Conduct Authority Hartley Pensions

Link

View this Early day motion on edm.parliament.uk