If you are considering transferring a defined benefit pension then you need to be aware of the likely defined benefit pension transfer fees involved. Last week I wrote about why it’s nearly impossible to transfer a defined benefit pension. The reasons covered in that...
Up until ‘pension freedoms’ it was pretty much unheard of to transfer a defined benefit pension (otherwise known as a final salary pension). They were considered gold plated pensions. A guaranteed income for life at a level that could never be matched by modern day...
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