Defined benefit pensions

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Could you benefit from a Defined Benefit Transfer?

Defined Benefit pensions, or Final Salary schemes as they were traditionally known, are a hot topic in financial advice. For years, DB pensions have been the ‘gold standard’ of pension provisions, in which the company you worked for during most of your life looked after you throughout your retirement. Reasons why Defined Benefit pensions are...

Should you transfer out of a defined benefit pension?

he pensions world is in crisis, partly because of changing regulations, partly because of bad management, but mainly because we’re all living longer – and we all need more money to keep us going through our longer retirements. This means older-style final salary pensions (also known as defined benefit pensions) are being phased out, leaving...

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