More retirees with a Final Salary pension are choosing to take their money out of schemes and transfer into a Defined Contribution (DC) scheme instead. But why are they choosing to give up an income…
Final Salary / Defined Benefit pensions
New research, by Xafinity, has shown that Final Salary pension (also known as Defined Benefit pensions) transfer values rose by 3% in August. The rise is predominantly due to a fall in the yield on…