Final salary pension transfer requests on the up, says research

Of the 107 advisers surveyed in May and June 2016, two-fifths (40%) said the number of people enquiring about a transfer had increased significantly. Just a quarter (25%) of advisers said the level of enquiries had remained steady.  "Final salary transfers have long been seen as a taboo, but the subject has been thrown into much greater focus since the pension freedoms were introduced," said Retirement Advantage pensions technical director Andrew Tully. "Many schemes are currently offering transfer values higher than the historic average and, as a result, advisers have been able to match ...