Buzz: Industry split on impact of transfer ban

clock • 1 min read

Buzz respondents were split on the question of whether DB members would lose out if they were banned from transferring to DC. Some commentators said DB members would suffer if their options were restricted, while others pointed out that they were still in a strong position compared to many workers.

"It is likely to limit flexibility of how DB benefits are taken," said one contributor. "Why shouldn't a DB pensioner (who might also have some DC benefit) be able to choose a pension (escalation, ...

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