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DB transfer values have "plummeted" in the last two years, according to LCP
A drop in defined benefit (DB) transfer values and a “dramatic” fall in advisers has caused members who may have benefitted from a pension transfer to lose out, according to Lane Clark & Peacock (LCP).
The consultancy said the pension transfer market is experiencing a "slump" as DB transfer values have "plummeted" and nearly 2,000 advisers have left the market in the last four years. The firm ...
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