Ford set to offer partial transfer option to members

Available to 8,500 employees

Kim Kaveh
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Ford is at the final stages of implementing partial transfers
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Ford is at the final stages of implementing partial transfers

Motoring giant Ford has agreed to offer members of its UK defined benefit (DB) scheme the right to partially transfer their pension.

The £12.9bn Ford pension scheme will implement a 50% cash equivalent transfer value, based on 50% of an individual's pension and 50% of the maximum tax-free cash. This will be available for its 8,5...

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