Transferring Into Career or Final Average Salary Pensions

Published / Last Updated on 01/05/2014

A salary related pension scheme has little risk to you as the pension member. Your employer will underwrite the risk and you are offered a guaranteed pension at retirement.When transferring pension funds in you may need to start working out how long it will take you to break even.The government are looking into possibly banning transfers out of salary related pension schemes.

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