An individual transferring a £230,000 defined benefit (DB) pension could lose up to seven years of retirement income if they draw a fixed sum of £10,000 a year, according to XPS Pensions Group research.
In its Member Outcomes Under Freedom and Choice report published on 06 August, XPS Pensions Group highlighted how the charging structure of a receiving vehicle during a DB transfer significantly impacts...
In the third part of a three-part series, Karl Dines explores how to best construct a charging strategy and whether it should be different for post-retirement advice
Tabled by Stephen Timms
'Left to fend for themselves'
Changed in November last year
82% made no changes
Launched new firm at 25
Asking for apology
Ceremony online 15 December
Schroders scrapes £75m for British Opportunities Trust as UK smaller companies launches fail to entice
Schroders 'faces headwinds'
Scheme extended to 31 March 2021