The changing DB transfer market

From the 16 October 2025, individual customers buying PMI products for themselves will be able to pay by credit card only. This change does not affect company administrators making multiple purchases on behalf of their staff.

18 November 2019

Jonathan Watts-Lay, Director, WEALTH at work sat down with us to discuss recent changes in the DB transfer market. Jonathan touches upon high transfer values in the market & signs of a cool down as well as how the FCA's ban on contingent pricing may impact things.

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Last update: 23 March 2021

Jonathan Watts-Lay

WEALTH at work

Director

Head of Pension Administration, in-house

Salary: £75000 - £90000 pa

Location: Hybrid working, South East offices 2 days a week

Pensions Client Manager

Salary: £60000 - £80000 pa

Location: Work from home - regular visits to London office

Senior Client Director

Salary: £70000 - £100000 pa

Location: England