Steve Webb explains why it’s right, more often than not, to stay in a final salary scheme.
final salary scheme
Defined benefit pension transfers represent ‘another major mis-selling scandal’ that ‘is already erupting.'
Ceri Jones runs through the practicalities of cashing in a final salary pension.
George Osborne's plans to get rid of the 55 per cent 'death tax' could lead to a significant rise in transfers out of final salary schemes.
The government is planning to change how private sector pensions are calculated so that all pension members will ‘share the pain’ of reduced payments in retirement.