Time to review deferred defined pension benefits

Staying in a final salary scheme is going to be the right decision for the majority of those who have built up a defined pension benefit from a past employer. Its security, along with limited risks and effort on the part of the member, are attractive features that should not be passed up lightly. However, for those with larger benefits and other investment assets to fall back on, taking a transfer to a personal pension can be an attractive option. While transfer values are at their most generous, 2013 could turn out to be a unique opportunity to review this option. Transfer values, wh...