final salary pension transfers

Final salary scheme members seeking transfers told to expect delays after High Court ruling forces Lloyds to increase benefits for women

Final salary scheme members wishing to trade their guaranteed income for a cash lump sum are being warned to expect delays following a recent ruling in the High Court.

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New rules for final salary pension transfers confirmed to stave off fears of a mis-selling scandal

Advisers recommending defined benefit (DB) pension transfers are to face tighter regulations in an attempt to stave off growing concerns of a mis-selling scandal.

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Final salary transfer charges face regulatory shake-up

The Financial Conduct Authority (FCA) is considering banning ‘contingent charging’ for final salary pension transfers, as part of a wider move to tighten up rules and guidance on pension transfer advice. 

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