Steve Webb says as schemes may have to invest in systems to generate regular transfer values, offering valuable partial transfers shouldn't be too burdensome.
With the surge in transfers out of defined benefit (DB) schemes showing no signs of abating, there has been much debate in recent months about the pros and cons of allowing scheme members to take p...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date