Three things your clients may call you about this week …

Why now is the time to cash in your final salary pension This Telegraph article may or may not have been prompted by Royal London's new guide on the pros and cons of defined benefit transfers but while the latter made sure it sat well and truly on the fence on the question, the former has no doubts. Now is the time to cash in, it proclaims. Final salary schemes value their "pension promises" on yields paid on government bonds, the article points out, so that, when yields fall, pension liabilities shoot up. As yields have risen from historical lows in recent weeks, it continues, scheme ...