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How Britain’s great final salary pension cash-in is grinding to a halt

The Telegraph, Saturday 2 June 2018

Britain’s great final salary pension cash-in is grinding to a halt, new figures show.Although the past year has seen an unprecedented increase in the number and value of gold-plated pensions being swapped for cash lump sums, the most recent figures show a marked slowing.

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Record number of savers abandon final salary pension schemes

Financial Times, Friday 18 May 2018

The amount of money flowing out of traditional “final salary” pension schemes more than doubled last year, as record numbers of savers traded guaranteed retirement benefits for cash lump sums.Figures released by the Financial Conduct Authority following a freedom of...

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'I transferred my £570,000 final salary pension – and regret it'

Sunday 29 April 2018

Final salary pension transfers are grinding to a halt following curbs by the City watchdog and insurance companies’ fears of an impending mis-selling scandal.At the same time, the portfolios of the hundreds of thousands who have already transferred have begun to suffer as a...

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