Final Salary Pension Transfers are at an all time high – what are the reasons and how can you capitalise?

A few years ago, if you’d asked to move your pension from a Defined Benefit Final Salary Pension Scheme, you’d have been told you were mad. Not only that, most reputable IFAs would have run a mile too. But times have changed. The pension freedoms of 2015 have changed the landscape, and final salary pension transfers are at a record high.… read more >>

Should you swap your final salary pension? 5 tips to help make the right pension decision for you

The pension freedom changes in 2015 have had a huge effect on final salary pension holders. The ability to move from a defined benefit pension to a defined contribution pension has meant that thousands of people have been able to cash in their pensions for hugely inflated transfer values, leaving them with an enormous lump sum, and a considerable change in the future retirement prospects.… read more >>

The Pros and Cons of Final Salary Pension Transfer

Final Salary Pension Transfer Values are at an all time high. Never before have we seen a situation where individuals can make decisions to remove pensions from Final Salary schemes and get such a large increase in value. There are reports of individuals taking as much as 700% increase.

But, a final salary pension transfer may not be for everyone. Before making the decision, it’s important to weigh up the pros and cons of making a transfer. We’ve looked at some of the benefits, and some of the possible issues you might face.… read more >>