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...
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.
Universities UK (UUK) has opened a formal consultation with employers in the Universities Superannuation Scheme (USS) seeking views on how to tackle the scheme’s funding situation.
The Association of British Insurers (ABI) Pension & Assurance Scheme has insured benefits for 191 members in a £26m buy-in with Aviva.