DB to DC transfers: considering all options

Published by Jane Ralph on

Our expert

  • Jane Ralph

    Jane Ralph

    Principal and Head of Corporate Consulting Midlands

  • Transfers from DB to DC pension schemes continues to be a hot topic. DB pension scheme profiles are changing and more members are at the point of thinking about their retirement options. The Freedom and choice for members in DC pension schemes means there are potentially more options to explore.

    Trustees go to great lengths to secure enough funds to provide their members’ benefits for retirement. It is appropriate that they are wary that scheme members don’t, through ignorance or design, end up without access to a good retirement income. 

    By making members fully aware of, and educating them about, the alternatives available trustees may be confident that they have provided pension scheme members with the best possible start to retired life and have avoided any reputational risk.