Transfers

Seven in 10 people who have accessed their pension since new freedoms were introduced didn’t shop around for different products, reveals new research by Citizens Advice. In a report out today, the...
Defined benefit schemes have been slow to react to the opportunities presented by pension flexibility, says Nick Griggs, Barnett Waddingham  
Increased clarity about what represents good practice and how that will apply in future could bring more ‘freedom and choice’ to members of defined benefit (DB) pension schemes, Willis Towers Watson...
Over the month of July 2015, transfer values (as measured by the Xafinity Transfer Value Index) increased slightly, from £204,200 as at 30 June 2015 to £207,700 as at 31 July 2015. The Xafinity...
The number of members requesting transfer value quotations in respect of their defined benefit pensions has again begun increasing, after a dip in April and May, according to Xafinity research....
There has been speculation that large numbers of people will transfer their final salary / defined benefit (“DB”) pensions into defined contribution (“DC”) plans in order to access the new range of...
More people approaching retirement with small defined benefit pensions will be allowed to exchange them for a defined contribution pension pot without having to take authorised financial advice,...
A hard hitting information campaign has been launched as part of a crackdown on predators claiming to be able to release pensions cash as a loan or lump sum before the law allows. The perpetrators...
...that is the question, but do we now have an answer? – asks Stewart Murphy, Eversheds
Schemes must be very careful when dangling the carrot of enhanced transfer values in front of members warns Martin Palmer, Friends Life