With more coverage in the Glasgow Herald this past weekend, our Pension Specialist Adviser, Michael Garvey, talks about the continuing trend of clients looking to transfer out of their Final Salary pension. Final Salary pension transfers remain topical as the number of individuals transferring out of final salary (defined benefit) pension schemes continues to reach […]
Tag: Defined Benefit Pension Transfers
Final Salary Pension Transfers – are they worth the risk?
The number of individuals transferring out of final salary (defined benefit) pension schemes has reached new highs as evidenced by the reported increase in transfer volumes. Willis Towers Watson – the prominent defined benefit pension administrator – for example reported that pension transfers out of their clients’ schemes had increased by a factor of 500% […]