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Transfers from Defined Benefit (DB) pension schemes are an emotive topic at the best of times. In these uncertain times, the focus on them is bound to increase. We have already heard anecdotal evidence of an increase in interest in transfers, driven by members who have concerns about their jobs and the ongoing viability of their employers, and who are thinking of a transfer as a potential way to access more income if needed.
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Last update: 2 June 2020
Salary: £35000 - £40000 pa
Salary: £30000 - £36000 pa
Location: Bristol, Amersham, Cheltenham, Glasgow, Leeds, Liverpool
Salary: £28000 - £34000 pa
One of the reasons I resigned from a thirty year career in the city was because I worked in pensions.
As the world wrestles to get to grips with the long-term implications of the coronavirus pandemic, most people I speak to believe that something has changed irrevocably.