DB transfers double to £21bn, figures reveal

The volume of Defined Benefit (DB) pension transfers doubled to £21bn last year, newly-revealed figures have shown.

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Retirees need at least £260k pot to avoid ‘uncomfortable retirement’

New research by a retirement provider has found that the pension pot needed to avoid an uncomfortable retirement has ballooned to £260,000 and could be even higher.

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‘Don’t ban contingent charging’, says expert

A call by Aviva’s chief executive Andy Briggs to ban contingent charging has been criticised as “too heavy handed” by an expert.

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Pension savers transfer £14.3bn out of DB pensions in 2017/18

Pension savers transferred £14.3bn out of DB schemes in the 2017/18 period, newly released information has revealed.

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