Latest News with Defined Benefit Pension Schemes tag

Final Salary Pension Transfers

29th November 2015

The new pension rules, which came into effect in April 2015, have provided members of defined contribution pension schemes with unprecedented freedom and flexibility over the access of funds at retirement.  Savers can choose to take their entire pension pot as lump sum, purchase an annuity for guaranteed income or keep the pension invested and […]

Defined Benefit Pension Schemes

24th August 2015

Defined Benefit Pension Schemes were once a mainstay for pension provision both in the private and public sector. Defined Benefit Pension Schemes are designed to produce an income built on an employee’s length of service and salary. In recent years Defined Benefit Pensions have been hitting the news for all the wrong reasons, with many […]