Top 10 Reasons To Transfer a UK Defined Benefit Pension Scheme A UK pension transfer is the process of moving a pension plan from one provider to another. This can include transferring a defined benefit pension scheme, which is a type of pension plan that pays a guaranteed income in retirement based on an employee’s salary and length of service, to a defined contribution pension scheme, which is a type of pension plan where the income received in retirement is based on the contributions made and investment returns. UK pension transfers can also include moving a pension plan from an employer-sponsored scheme to a personal pension plan, or from one Read more…
Tag Archives: UK Pension Transfer
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