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Perfect Storm for Pension Transfers
In the UK we now each have an average of 11 employers in our lifetime (DWP), we will have 50% more over 65’s by 2030 (ONS), and over half of employees over 50 are winding down towards retirement with some form of flexible working rather than a hard stop (EHRC). The pensions industry can hardly remain unscathed by this level of demographic change and the corresponding demand for policy consolidation and more sophisticated decumulation vehicles will inevitably lead to more transfer activity.

Pension Storm front cover

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