Xafinity reports 166% surge in DB transfers in Q1 from 2016 figures
The number of defined benefit (DB) scheme members transferring to defined contribution (DC) has more than doubled in a year, Xafinity figures have shown.
The consultancy reported transfers from DB schemes it works with in the first quarter of 2017 were 166% higher than in the same period last year. A total of 117 transfers were made from these schemes...
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