Company closing DB Scheme
- Thread starter 005404
- Start date
We wrote a detailed analysis of the issues faced by members of defined benefit pension schemes
globalwealth.ie
Although this is written from the perspective of someone considering taking a transfer value from a scheme the principles are identical when a scheme is being wound up.
You are moving from an arrangement where the employer takes all the risk to a new arrangement where you take all the risk.
You can’t stop it happening but you need to understand the implications.
Marc Westlake
Chartered Certified and European Financial Planner
www.globalwealth.ie
Planning for Retirement - Everlake
Retirement is a life changing event requiring a professional assessment of the life you want to live and a clear strategy of how to get there.
globalwealth.ie
Although this is written from the perspective of someone considering taking a transfer value from a scheme the principles are identical when a scheme is being wound up.
You are moving from an arrangement where the employer takes all the risk to a new arrangement where you take all the risk.
You can’t stop it happening but you need to understand the implications.
Marc Westlake
Chartered Certified and European Financial Planner
www.globalwealth.ie