Sweet or Sour?

There is a link between that sentiment and what’s happening with transfers out of defined benefits schemes. We all know employers with defined benefit schemes are going through a rough time and, unable to wind up their pension schemes, are eager to manage their liabilities on an ongoing basis. One of the ways to do this is to encourage transfers out of the scheme, particularly from deferred members, those who have left the service of the employer. And to do this some employers are offering an incentive or sweetener alongside the transfer value. Sometimes this incentive or sweetener is in ...