'Partial transfers are not always right for a client' - Andrew Tully

Retirement Planner Forum 2019

Hannah Godfrey
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"You still have to go through all your work to see if it is appropriate for what your client needs. Is it any more appropriate than no transfer, or a full transfer?" Canada Life's Andrew Tully
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"You still have to go through all your work to see if it is appropriate for what your client needs. Is it any more appropriate than no transfer, or a full transfer?" Canada Life's Andrew Tully

Though partial defined benefit (DB) transfers can be seen as a "perfect solution", according to Andrew Tully, having such an option available does not necessarily make it right for a client.

Speaking at the 2019 Retirement Planner Forum on Friday (14 June), the Canada Life technical director told delegates partial transfers should not be seen as a silver bullet to deal with the issues surrounding...

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