DB transfer compensation rises for first time in two years

Research finds fall in gilt yields means savers could receive around £34,000 in compensation

Martin Richmond
clock • 2 min read
DB transfer compensation rises for first time in two years

Defined benefit (DB) transfer compensation has risen for the first time in two years, research from OAC has found.

OAC, which is a part of the Broadstone group, revealed compensation for DB savers who were "ill-advised" to transfer out of their scheme rose due to a fall in gilt yields at the end of 2023. The fi...

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Martin Richmond
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Martin Richmond

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