Majority of advisers transfer out of their DB schemes

Almost all (97%) surveyed say they are happy with the decision

Jenna Brown
clock • 2 min read
Professional Pensions' sister title Professional Adviser has quizzed financial advisers on their personal experiences with DB schemes.
Image:

Professional Pensions' sister title Professional Adviser has quizzed financial advisers on their personal experiences with DB schemes.

Three-quarters of financial advisers have transferred benefits out of a defined benefit (DB) pension arrangement, according to Professional Adviser.

Professional Pensions' sister title conducted a poll which found only one in four advisers have stuck with their final salary scheme. The results come amid ongoing regulatory intervention in the ma...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Aon Run-on and Surplus Bulletin

How are UK DB schemes turning over a new leaf?

Aon explores how improving funding levels and new regulatory flexibilities are reshaping UK DB schemes

Aon
clock 06 November 2026 • 1 min read
Partner Insight: What we share sets us apart

Partner Insight: What we share sets us apart

Rosie Fantom, Head of Pension Risk Transfer, explains how BPA Plus combines guaranteed security with the potential to share more value.

Rosie Fantom, Head of Pension Risk Transfer @ M&G
clock 06 November 2026 • 4 min read
UK finance chiefs say DB schemes remain time-consuming

UK finance chiefs say DB schemes remain time-consuming

Nearly three quarters say ‘significant’ time spent on DB despite strong funding levels

Alex Levy
clock 03 November 2026 • 1 min read
Trustpilot