DB to DC transfer enquiries double in just one month

Stephanie Baxter
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Almost one in eight calls to Fidelity's Retirement Service in October was from people enquiring about how to use their defined benefit (DB) pots following the April pension freedoms.

The proportion of calls that related to DB benefits doubled from September, from 6% of all calls to 12% in October. Fidelity International head of retirement Richard Parkin said there has been a...

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