We have analysed defined benefit (DB) cash equivalent transfer values (CETVs) over the twelve months to 31 March 2021.
Our report reveals that the Covid-19 pandemic has significantly impacted CETVs in a number of important areas. The last year has also seen the FCA shake-up the transfer value advice market.
Therefore, with many members facing challenging economic situations as a result of Covid, trustees and sponsors need to consider whether they can provide members with additional support in this area, as well as review any existing processes to make sure that they comply with the latest guidance.
For more information, download our briefing note today.
Read our briefing note
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