A final salary pension transfer could bring very good tidings for you and your kin this Yuletide. It could allow you to protect your loved ones by leaving them a potentially large capital sum that would otherwise disappear when you die. With current high transfer values, opting out of your final salary scheme co… Read more
One of my clients who was transferring out of her employer’s final salary scheme into a private pension told me recently that she wanted to be able to stroke her pension like a cat. It is a great metaphor to help visualise and understand why such transfers have become popular.
Staying in an employer’s final sa… Read more
The Financial Conduct Authority (FCA) published on the 27 October its final guidance for the calculation of the redress owed to consumers who are given unsuitable advice to transfer out of a Defined Benefit (DB) pension scheme. The new methodology will no doubt speed up the wave of expected complaints relatin… Read more