Three in ten will not seek advice about DB transfers

James Phillips
clock • 2 min read

Nearly half (45%) of defined benefit (DB) members approaching retirement do not feel informed enough to decide whether to transfer their pension, a survey has revealed.

Meanwhile, 29% of respondents said they would not seek advice about transferring their pot to a defined contribution (DC) fund, according to a report published by LV=. Over a third (34%) said th...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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