Chris Parlour: Corporate client options for DB scheme consolidation
Advising business owners
Chris Parlour: “DB schemes can be such a headache for trustees and employers, it's sometimes easy to forget their original purpose - to provide a guaranteed retirement income for life to members.”
Chris Parlour explores smaller DB pension schemes and the associated headaches faced by business owner clients. Here he outlines everything advisers need to know about consolidating bijou final salary schemes
Running a smaller defined benefit (DB) pension scheme can be expensive. Moreover, cost pressures often limit the help and support members receive. That's why the Department for Work and Pensions (DWP)...
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