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

Pensions Communications & Change Projects Manager

Salary: £66000 pa

Location: home working other than 2 days per month office visit

Pensions Technical & Governance Specialist (In House)

Salary: £30000 - £52000 pa

Location: Homeworker â€“ Travel covered to the Birmingham, Swindon and Gloucester Offices for occasional meetings.

Senior Trustee Executive, Lead Scheme Secretary

Salary: £75000 - £95000 pa

Location: Remote working, attending London & South East offices as required