Image:
DB transfer values have "plummeted" in the last two years, according to LCP
A drop in defined benefit (DB) transfer values and a “dramatic” fall in advisers has caused members who may have benefitted from a pension transfer to lose out, according to Lane Clark & Peacock (LCP).
The consultancy said the pension transfer market is experiencing a "slump" as DB transfer values have "plummeted" and nearly 2,000 advisers have left the market in the last four years. The firm ...
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
