Three-quarters of advisers have transferred out of a DB pension - PA survey

The rest said they stuck with their final salary scheme. The results come amid ongoing regulatory intervention in the market following the British Steel Pension Scheme scandal which saw hundreds of workers wrongly advised to transfer out of the final salary scheme. However, it would seem, advisers, as a group see the merits of scheme transfers with 75% saying they had gone down that road themselves. This week, we asked: Have you, yourself as a financial adviser, transferred out of a defined benefit pension scheme? Some 75% of the 81 who responded said yes and 25% said no.   O...