Cash inducements

The Pensions Regulator (TPR) has replaced its guidance on incentive exercises with a short principles-based statement, following publication in June of an industry code. It remains the Regulator’s...
A code of good practice on incentivised transfer exercises from the Industry Working Group on Incentive Exercises has outlawed cash incentives encouraging members to accept enhanced transfer offers (...
There has been much comment on enhanced transfer value exercises and the related pension increase exchange offers, Kevin LeGrand, president of the Society of Pension Consultants, told guests at its...
Over 90,000 defined benefit (DB) scheme members have been offered enhanced transfer values (ETVs) to leave their DB schemes in the past three years, with a further 70,000 expected this year,...
Over 90,000 defined benefit (DB) scheme members have been offered enhanced transfer values (ETVs) to leave their DB schemes in past three years, with a further 70,000 expected this year, according...
John Hodgson, Mercer, says enhanced transfer values can be in members’ interests
The Pensions Regulator today published its final guidance on pension transfer incentives. These incentives include enhanced transfer values (ETVs)  which companies may offer former employees if...
Almost three quarters of defined benefit scheme sponsors expect to focus on reducing investment risk in their pension plans during the next five years, according to a Towers Watson survey of UK...