Options for members of winding up defined benefit pensions schemes

Options for members of winding up defined benefit pensions schemes

In this entry, we set out the options available to members of Defined Benefit Pension schemes which are now winding up and give some guidance as to what options these members now have.

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Do you have a friend like Mary?

Do you have a friend like Mary?

Are your financial basics in order? If not, then you may not be as financially independent as you believe; even if you can pay off your credit card at the end of each month.

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The winding up of defined benefit (DB) pension schemes

The winding up of defined benefit (DB) pension schemes

The winding up of a DB Scheme can be very confusing. But all is not lost. There are options available to you as a deferred member.

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No use crying over spilt milk – the sad story of a defined benefit scheme wind up

No use crying over spilt milk – the sad story of a defined benefit scheme wind up

Just because your DB scheme is winding up does not mean you should unravel. There are still options available and money will still be coming back to you.

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I don’t know what a tracker mortgage is…

I don’t know what a tracker mortgage is…

Confused by different types of mortgages? Here is the difference between a tracker, SVR and fixed rate mortgage. Now you know!

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