DB transfer compensation continues to fall to record lows

Broadstone says there has been a ‘radical decline’ since the start of 2022

Martin Richmond
clock • 2 min read
DB transfer compensation continues to fall to record lows

Defined benefit (DB) transfer compensation has continued to fall to record lows in the second quarter of the year, research from Broadstone shows.

The latest data from the consultancy's DB Redress Tracker found the level of compensation for a member who had been ill-advised to transfer out of their DB scheme fell to £6,600 by the end of Q2, c...

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