Steve Cameron: Lack of DB transfer clarity still worrying advisers

The attraction of pension freedom, coupled with rocketing transfer values and growing concern over the adequacy of defined benefit (DB) scheme funding, is fuelling demand for advice from those clients considering transferring out of DB schemes. According to Aegon's new Adviser Attitudes Report, which tracks attitudes and concerns of the UK financial adviser market, around three quarters (73%) of financial advisers expect demand for DB pension transfers to increase over the next 12 months, with a third (30%) expecting a significant increase. In fact, more than half (53%) of UK financia...