Pension transfers
Understanding pension transfers - DB to DC
With increased regulatory scrutiny on DB transfers, advisers need to fully understand the risks, processes and requirements associated with giving advice to a client in relation to transferring their DB pension entitlement.
Understanding pension transfers - DC to DC
Combining pension savings into one arrangement can lower costs. Transferring to a new modern scheme may also allow some with older style contracts to access pension freedoms. Advisers need to be able to balance the benefits with the possible risks.
Resources
CPD minutes: 30