Tag Archives: Defined Benefit

Why are some people cashing in final salary pension schemes?

in Corporate, Employee benefits, Financial education, Inheritance Tax, Investments, Pensions transfer, Retirement planning, Tax, Thought leadership

In recent years final salary pension schemes have been phased out by employers because people are living for longer and the uncrystallised liabilities are wreaking havoc with corporate balance sheets. Robert Blumberger explains why this is happening and sounds a cautionary note for those attracted to the idea of transferring.