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Displaying items by tag: DB schemes

Around 80,000 transfers out of defined benefit pension schemes were made in the last year, a regulator has estimated.
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Thursday, 31 March 2016 09:57

DB scheme members quit for more flexibility

A fifth of Defined Benefit scheme members given free financial advice have left their scheme to access flexible retirement options available through a defined contribution (DC) pot, according to Willis Towers Watson.
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The Financial Services Authority has published new guidance today which may mean advisers will be less able to recommend a pension transfer.

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