Demand for DB transfer advice to soar this year, says UBS

High-net worth savers will increasingly seek advice on transferring their defined benefit (DB) pots over the next 12 months, according to UBS.
As much as 10% of the wealth management arm's pension advisory work is expected to relate to DB schemes this year, up from 5% last year. It anticipates much of this will be on transfers, due to the current...
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