Disclaimer: Final Salary Pensions are suitable for the vast majority of members. Transferring from a final salary pension scheme is an irreversible decision and it could have a detrimental effect on your retirement planning. The detail on this website is for information purposes only and is not to be taken as a personal recommendation. Before taking any action, you should take financial advice from a suitably qualified independent financial adviser. Any potential advantages of transferring from a defined benefit scheme to a defined contribution scheme are often outweighed by the costs, risks and loss of benefits involved.
Mark is Managing Director of Pensionhelp. He has more than 20 years’ experience in the Financial Service Industry, and for the last 15 years has specialised entirely in pension advice. He is a Fellow of the Personal Finance Society, an Associate Member of the Chartered Insurance Institute and a Chartered Financial Planner. Mark has acted as a senior examiner of the Chartered Insurance Institute and has also contributed to the writing of examination papers.