There needs to be wider access to partial transfers out of defined benefit (DB) schemes, according to a joint paper published by Royal London and Lane Clark & Peacock (LCP).
A new law allowing co-habiting couples to register as civil partners could add billions to the liabilities of defined benefit (DB) pension schemes.
Members should have a limited legal right to partially transfer their defined benefit (DB) scheme, according to a joint report from Royal London and LCP.
Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn in unnecessary funding commitments, a corporate adviser warns.