Pension Transfers
46% drop in UK firms offering DB transfer advice in a year
It is a ‘worrying and very sharp reduction’ as 36% expect to reduce business in the market
How will the GMP equalisation ruling impact pension transfers?
‘There potentially will be some difficulties’ as trustees may need to dig up data from 30 years ago
‘Largest ever’ monthly fall in pension transfer values
Mostly attributed to a rise in government bond yields which increased discount rates
Pension firm unveils Irish transfer service for Sipps
It is available to individuals resident or employed in the UK
Pension firm bolsters offering for Irish expats globally
There has been a ‘growing demand for solutions’ to ‘deliver flexibility around retirement planning’
