The number of defined benefit (DB) scheme members transferring to defined contribution (DC) has more than doubled in a year, Xafinity figures have shown.
The estimated defined benefit (DB) transfer value remained fairly stable in March, falling by just £2,000, despite expected volatility.
The government has confirmed in today's Budget that it will align the tax treatment of foreign and domestic schemes.
A government proposal to limit the right to transfer to protect members from scams 'lacks ambition' and needs a much tougher approach, says the industry.
Only a fifth of defined benefit (DB) members believe they can make an informed decision to transfer out of their scheme, a survey has revealed.
Brexit will not have a material impact on auto-enrolment (AE) contribution rates and should not be used as an excuse to meddle with the regime, the industry has said.
This week we want to know if increased auto-enrolment flexibility is needed and whether there is a minimum number of people required for a trustee board to operate effectively.