One in three businesses get DB transfer enquiries since April

Kristian Brunt-Seymour
clock • 1 min read

More than a third (36%) of employers have seen staff enquiring about transferring from a defined benefit (DB) to a defined contribution (DC) pension scheme since April, research finds.

The research, conducted by Close Brothers Asset Management (CBAM), looked at the impact of additional DC flexibilities introduced last year on DB schemes. Half (50%) of the 900 employers surveye...

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