Andrew Tully: Keeping on top of DB regulatory scrutiny

Transfers from defined benefit (DB) schemes are currently one of the most talked-about aspects of pensions. The numbers of people considering a transfer over the last few years has been one of the biggest trends emerging from the pension freedoms - and this behaviour has largely been driven by high transfer values and people looking to tailor benefits to suit their individual circumstances. Yet transfers have also been encouraged following sponsoring schemes closing or re-engineering the benefits on offer. In the wake of the high- profile British Steel Pension Scheme, suspect and downrig...