Ford set to offer partial transfer option to members

Kim Kaveh
clock • 2 min read

Motoring giant Ford has agreed to offer members of its UK defined benefit (DB) scheme the right to partially transfer their pension.

The £12.9bn Ford pension scheme will implement a 50% cash equivalent transfer value, based on 50% of an individual's pension and 50% of the maximum tax-free cash. This will be available for its 8,5...

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Kim Kaveh
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Kim Kaveh

Professional Pensions journalist from 2017-2020

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