Displaying items by tag: DB
Thursday, 27 June 2024 16:17
DB pension transfer activity picks up after slump
DB pension transfer activity increased ‘marginally’ in May - reversing a downward trend - with transfer values remaining stable, according to the latest XPS Pensions monthly transfer report.
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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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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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Wednesday, 28 June 2017 12:11
DB transfer attitude ‘outdated, past sell-by date’
Pension experts, including the former Pensions Minister have backed the scrapping of ‘outdated’ guidance on DB transfers, saying that change was “long overdue” and the regulatory framework was “past its sell-by date”.
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Monday, 26 June 2017 12:41
FCA plans make DB transfers ‘harder to justify’
A proposed shakeup of FCA guidance on DB pensions advice will make transfers ‘harder to justify’ and ‘more demanding’, an adviser firm claims.
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Friday, 09 June 2017 10:33
Pensions firm halts DB transfers advice after FCA talks
A pensions business is immediately halting advice on DB pensions transfers, following discussions with the regulator.
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Wednesday, 24 May 2017 12:21
80,000 transfers out of DB schemes in the last year
Around 80,000 transfers out of defined benefit pension schemes were made in the last year, a regulator has estimated.
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Monday, 20 February 2017 16:32
DWP proposes major overhaul to 'modernise' DB pensions
The Department for Work and Pensions has launched a Green Paper to consult on significant proposed changes to workplace Defined Benefit pensions which cover 11m people.
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Monday, 30 January 2017 10:32
Demand for pension transfers out of DB schemes surges
The number of pension transfers out of DB scheme cases that were analysed by advisers and Paraplanners in 2016 rose significantly, research suggests.
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