Defined Benefit Transfer Values Hit Record Highs

Defined Benefit Transfer Values Hit Record Highs

If you are someone that is considering transferring your defined benefit pension to a personal defined contribution pension then you may be interested to know that recently, defined benefit transfer values hit record highs.  According to the XPS Transfer Value Index,...
Cashing In Your Pension

Cashing In Your Pension

Do you have a current or old private pension and have you wondered when you could be cashing in your pension?  Most people will naturally consider taking their workplace pension at the point they retire from work. But a private pension is a bit different. It’s a...
Defined Contribution Pensions vs Defined Benefit

Defined Contribution Pensions vs Defined Benefit

There are only really two types of pension you can have, a defined contribution pension or a defined benefit pension.   Over the last few years there has been a big change in the type of pension scheme offered by employers, moving from defined benefit to defined...
Earliest Age Your Pension Can Be Taken

Earliest Age Your Pension Can Be Taken

The earliest age your pension can be taken will depend on at least one of the following:  The rules set in law.  Your health.  The individual pension scheme rules.  Different types of pension will have different minimum ages at which your pension can be taken.  ...