Companies and trustees should “strongly consider” putting in place a support framework for defined benefit (DB) members to ensure that they make the right decision about potential transfers, Barnett Waddingham says.
The call comes after research from the consultancy, published today (27 September), showed £300bn was paid out of FTSE 350 schemes to members between 2015 to 2020 - an estimated £45bn due to the in...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
