"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
It is perceived wisdom that few early-leavers from final salary pension schemes should consider transferring to a private pension arrangement.
. The 1994 pension transfer review highlighted (“exaggerated”, some might say) the possible dangers of recommending these transfers. That’s unfortunate, because there are so many good reasons why a transfer should be recommended in certain circumstances including security of benefits, flexibility, improved death benefits and investment control. Sounds complicated?
It is! For very clear, concise, comprehensive and no-nonsense advice...