If you are considering transferring a defined benefit pension then you need to be aware of the likely defined benefit pension transfer fees involved.
Last week I wrote about why it’s nearly impossible to transfer a defined benefit pension. The reasons covered in that article are why defined benefit transfer fees can appear to be high.
Hopefully, you now know that pension rules state that you have to take financial advice if your pension has guaranteed benefits over £30,000.
But what’s a fair price to pay? Let’s look at the data.… Continue Reading