Defined benefit pension transfer values have reached record highs, so now is the time to take advantage
The average transfer value peaked at £368,000 in 2016, reported by actuarial firm Lane Clark & Peacock LLP.
The introduction of the pension freedoms in 2015 means you can enjoy flexible access to your defined benefit pension fund. And transfer values have seen a boost since the referendum vote.
Transfer offers are being taken advantage of by dozens of FTSE 100 executives, and even a former pensions minister.
There’s never been a better time than now to transfer your defined benefit pension. Talk to one of our independent defined benefit pension specialists today to find out how much you could get.