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The Factors That Will Influence Your Transfer Value

A defined benefit pension transfer is the sums paid from a defined benefit pension or final salary pension scheme when a member chooses to withdraw their entitlement. Usually, this cash sum transfer value can also be conveyed to a different pension arrangement. In...

Is A Final Salary Transfer The Right Option For You

What is a final salary pension transfer? If you are nearing retirement, you might be considering the best solution on how to move from a life of work. With a variety of options to choose from, a final salary transfer is a popular choice. Although a final salary...

The Top Advantages of Defined Benefit Scheme

Rather than depending directly on individual investment returns, a defined benefit pension scheme is a specified pension payment, lump-sum on retirement or a combination thereof, promised by the employer and is predetermined by a formula based on the length of...

Final Salary Transfer Explained

With a Defined Benefit (DB pension scheme, the amount of pension you will receive upon retirement is based on how long you worked for your employer and the salary you earned. A DB pension has several advantages. Firstly, the pension will last for the rest of the...

Defined benefit pension schemes explained

Read the full article on the Money Advice Service website How defined benefit pensions work Defined benefit pensions pay out a secure income for life which increases each year. You might have one if you’ve worked for a large employer or in the public sector. Your...