Final Salary Pension Transfer
Published / Last Updated on 23/04/2014
Certain government pension schemes such as the armed forces and civil service are known as an unfunded pension scheme. This is where the people paying for a pension scheme now are funding some who are already retired. You cannot transfer these benefits.For people who may be a part of the teachers pension scheme or those who work for a private company, they can transfer.This can be risky where you are transferring a guaranteed pension scheme into an investment linked pension scheme.
