Over a third of large DB schemes to state transfer value for pension freedoms

clock

Over a third of large defined benefit (DB) pension schemes will quote members' transfer values on their retirement statements in light of the pension freedoms, according to research.

A fifth of small schemes will do the same, in a move that would simplify the process for people looking to switch into defined contribution (DC) schemes, according to Aon Hewitt's Global Pensions R...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Aggregate DB surplus rises by £7.3bn in July

Aggregate DB surplus rises by £7.3bn in July

PPF says funding ratio at highest level since July 2023, as liabilities drop faster than assets

Alex Levy
clock 11 August 2026 • 2 min read
Historical analysis key to DB surplus allocation, says Hymans

Historical analysis key to DB surplus allocation, says Hymans

Analysis of past contribution split can provide an objective basis for negotiations

Alex Levy
clock 06 August 2026 • 3 min read
Schemes urged to stop treating buyout as automatic default

Schemes urged to stop treating buyout as automatic default

SPP report suggests schemes should take ‘objective-led’ approach to endgame planning

Holly Roach
clock 06 August 2026 • 1 min read
Trustpilot