DB transfers: Five reasons for and against

100,000 people quit DB pensions in 2017/18

Jenna Towler
clock • 4 min read

More than 100,000 people have left final salary schemes this year, according to Royal London. Here the provider weighs the pros and cons of transferring out of a defined benefit pension

The popularity of defined benefit (DB) transfers has rocketed since the introduction of pensions freedom. More than 100,00 people have left their final salary pensions in the past 12 months, according to Royal London. In response, the provider said it had come up with a new version of its 'Five good reasons to transfer...

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