Defined Benefit Pension Transfer Time Limits

Defined Benefit Pension Transfer Time Limits

Are you considering transferring your defined benefit pension and are you aware of the transfer time limits?    Defined benefit pensions need to have their transfer value manually calculated by the scheme administrators. This transfer value is only valid for a short...
Defined Benefit Pensions and the Lifetime Allowance

Defined Benefit Pensions and the Lifetime Allowance

The pension Lifetime Allowance was introduced in 2006 and is the total amount you can build up in pensions savings before incurring a tax charge.   For defined contribution pensions e.g. personal pensions and auto-enrolment company pensions it is easy to work out the...