Nearly one-in-three retirement savers would consider transferring final salary pension benefits to defined contribution schemes, latest research shows.
The survey - conducted in August by Consumer Intelligence on behalf of MetLife among 1,141 people aged over 40 - found 31% of those aged over 40 were tempted by the rising transfer values offered by defined...
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
The defined benefit (DB) scheme of Evonik Holdings UK has agreed a £544m full buy-in with Legal & General (L&G) Assurance Society.
Pension risk transfer volumes this year will look similar to those in 2020 as market volatility creates opportunities for schemes able to act fast, according to Willis Towers Watson.
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.