DB transfers

Wednesday, 11 December 2019 12:33

DB transfer market hits slow patch as values fall

The number of Defined Benefit (DB) transfers fell in November as transfer values also slipped, according to the latest XPS Transfer Watch.

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Wednesday, 13 November 2019 07:00

Pension firm slams FCA DB transfer review

Pension transfer specialist Tideway has claimed that UK workers could collectively be up to £25bn out of pocket if they are persuaded not to take advantage of final salary transfer offers by negative publicity on DB transfers.

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Wednesday, 09 October 2019 10:22

DB transfer complaints spike by 44% in a year

The number of customer complaints made to the Financial Ombudsman Service (FOS) relating to defined benefit transfers rose by 44% in 2018/19.

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Tuesday, 03 September 2019 12:10

LEBC drops DB transfers after FCA review

National retirement adviser LEBC has given up its DB transfer permissions following an FCA review.

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Tuesday, 27 August 2019 09:19

AJ Bell says pension transfers make sense for many

The rapid increase in DB transfer values has been a key factor in the rise in pension transfers and not greedy advisers seeking contingent charging fees, says platform and SIPP provider AJ Bell.

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Tuesday, 25 June 2019 12:08

DB advice demand ‘strong’ but supply ‘hampered’ says report

According to adviser research from Aegon the demand for DB advice remains strong with nine out of 10 advisers, who are or have been active in advising on defined benefits, saying there are still many individuals who would benefit from taking advice.

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