How are DB members reacting to the April freedoms?

Defined benefit members are taking advantage of the flexibilities through a number of ways according to research.

Michael Klimes
clock • 4 min read

Defined benefit members are taking advantage of the flexibilities through a number of ways. If done properly it can be a win-win for trustees and members, finds Michael Klimes.

At a glance Research shows DB scheme members want choice under certain conditions  One in five given independent advice transferred out  Flexibilities can reduce costs for schemes and del...

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