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

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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...

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