DB transfer compensation drops in Q1, Broadstone finds

But firm says if markets continue to fall, redress levels will likely rise back up

Holly Roach
clock • 1 min read
DB transfer compensation drops in Q1, Broadstone finds

Defined benefit (DB) transfer compensation fell in Q1 by around £6,000, according to Broadstone.

The firm's DB Redress Tracker – which provides an indicator of the level of compensation due to those who were previously ill-advised to transfer out of their DB scheme – showed compensation for a ...

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