Final Salary Pension
Why are pension transfer values falling?
March 2023, saw defined benefit pension transfer values fall to their lowest month-end level since 2016, far below the record highs we saw in December 2021. And despite some small...
What is the Pension Protection Fund?
If you’re a member of a defined benefit pension scheme, you might be worried about what happens to your pension if your scheme or employer goes bust. The good news...
Defined benefit pension transfer timescales 2023
Defined Benefit Pension transfer is not a quick process. And Defined benefit pension transfer timescales have increased massively in the past few months. Historically, it could take around 6 months...
Defined Benefit Transfer Warning Flags Explained
Defined Benefit Transfer Warning Flags Explained Transfer Warning Flags can be raised by Defined Benefit pension scheme administrators as part of enhanced safeguarding checks for transfers. Find out what they...
Can you cash in a defined benefit pension?
If you want to cash in a defined benefit pension, there is a lot that you need to keep in mind. While you might be able to transfer out of...
11 Factors to Consider before you transfer your final salary pension
Over £80million has been transferred out of Final Salary pension schemes since the biggest changes to pension rules for a decade were brought into force in the UK in 2015....
Should I Transfer My Final Salary Pension to a SIPP?
If you’re considering a final salary pension transfer, it’s important to understand the benefits, the risks and everything in between before you make that all-important decision. For the overall majority...
Why are Final Salary Pension Transfer Values so High?
There is an updated article on pension transfer values here: Why are pension transfer values falling? The last decade has seen huge numbers of people transfer out of their Final...
What is a good cash-equivalent transfer value?
It’s a question that we are asked time and time again: what is a good cash-equivalent transfer value? The answer isn’t a quick one - in fact, it depends on...
Final Salary Pension Rules 2021
The last few years have seen some of the biggest changes the pension industry has ever seen. Rules for those with defined contribution pensions have changed almost beyond recognition and...
How much does a Final Salary Pension Transfer Cost?
Transferring your Final Salary Pension to a personal pension arrangement may give you access to a large lump sum and offer you the freedom to invest and spend your pension...
Can I Transfer my Final Salary Pension?
As Final Salary Pension Transfer Specialists, we’ve seen an increase in demand for Final Salary Pension Transfer since the change in Pension rules came into force. Pension transfer is a complex and...
Lifetime Allowance and Final Salary Pensions
If you are considering transferring your Final Salary Pension, one thing you should make sure you are aware of is the Lifetime Allowance (LTA) and how it might affect you....
Final Salary vs Defined Contribution
In the UK personal pensions are the most popular way to fund retirement and your pension pot is normally built up through a workplace scheme. There are two types of...