Defined benefit pension transfers

More than £50bn has been taken out of ‘gold plated’ final salary schemes over the past two years. A study commissioned by the Financial Times over the summer found that 210,000 members have opted to transfer out of their defined benefit (DB) pensions in favour of taking a lump sum. It may be tempting to … Continue reading “Defined benefit pension transfers”

Leave or Remain? The final salary pension decision

Final salary pensions may be gold-plated, but are you also sitting on a transferrable gold mine? Here we weigh up the pros and cons of transferring to a personal pension, and offers a way to calculate your potential benefits. Gold-plated. Gold standard. Or how about the less glitzy ‘copper-bottomed’ or ‘cast-iron guarantee’? However you look … Continue reading “Leave or Remain? The final salary pension decision”