DB transfer process needs streamlining to reduce risk and delays

James Phillips
clock • 2 min read

Defined benefit (DB) schemes should provide more comprehensive information when calculating cash equivalent transfer values (CETVs) to reduce delays, according to Rathmore Financial and Royal London.

Currently, savers receive a CETV from their scheme and then have a three-month window to gain additional information and advice for a transfer analysis. However, delays in this process can mean sav...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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