defined benefit

A fifth are concerned about their recommendations

High life expectancy and low returns to blame

The number of people transferring out of defined benefit (DB) pension schemes each month has doubled over the last year, according to figures from Xafinity.

The Department for Work and Pensions (DWP) may simplify the way it calculates the value of personal pensions with a guaranteed annuity rate (GAR) to make it easier for parties to understand when independent financial advice is required.

A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.

IFA PQR Financial Planning has launched a pension transfer advice service for clients of advisers who are reluctant or unable to carry out the business.

Almost all advisers have received enquiries for retirement advice as a result of the government's pension freedom reforms, according to latest research by the Association of Professional Financial Advisers (APFA).

Pension transfer requests out of defined benefit (DB) schemes doubled post pension freedoms, according to research from one provider.

Would you dare take on this client?

Most people would want to save at least £100,000 into a pension before seeking regulated financial advice on their options, but many plan to self-manage their pots, according to research.