Adrian Boulding considers the reasons DB transfer values are rising so fast and the implications for advisers of the consequent acceleration in the number of DB transfer requests now coming through
Since April 2015 - when pension freedoms triggered swathes of 55-plus year olds with defined contribution (DC) pensions to cash out - regulators, government, advisers and product providers alike have also...
'Doubling up' workload
Know your history
£34.2bn transferred last year
£57,000 fine and £825,000 contribution to investigation