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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
