Tag Archives | advice

UK final salary pension transfers halted

Recently, The UK Pensions Regulator (TPR) gave trustees of about 5,500 UK pension schemes the right to suspend transfers of defined benefit schemes for up to three months (note this affects final salary-style, or defined benefit pensions) to allow pension companies to review transfer valuations, and the administrative impact of a potential increase in demand […]

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All thoughts are my own. The information contained here is not personal financial advice tailored to individual needs.