Royal London and LCP call for wider access to partial DB transfers

The research paper ­- published on Tuesday (1 October) - has renewed calls for the halfway house approach, and presents potential advantages to trustees, employers, advisers and scheme members of these types of transfers. Claiming it would be a better option for those whose lifetime pension rights lie in a single DB scheme, the paper includes two pieces of research assessing industry attitudes to partial transfers. A survey by Royal London - which questioned 350 financial advisers - found that around five in six advisers agreed they want to see more schemes offering partial transfers,...