Over the past few weeks we’ve seen several stories in the personal finance press imploring you to transfer your Final Salary pension.
Frankly, this worries us.
So, we thought we’d look at some of the issues in more detail.
Firstly though, we should point out that this article equally applies for Final Salary and Defined Benefit pensions. But for ease, we’ll just use the Final Salary term from now on.
To stoke the fires, this weekend saw Royal London, a pension provider, report that Cash Equivalent Transfer Values (CETVs), the technical term for the pot of ...