DB transfers, the state pension and a tougher taxman - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Cashing in your final salary pension? These 10 factors determine how much you'll get This Telegraph article takes a stab at listing the disconcerting number of ways defined benefit (DB) transfer values can change, including the financial strength of a scheme's employer and whether a contributor is married or single. Other factors include interest rates, age, life expectancy, whether the scheme uses RPI or CPI and a ‘cost of living' calculation worked out in line with rules the piece describes as "hideously complex". In total, the articles collects 10 factors that can impact a DB transf...
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