PTL Blog

De-Coding Small Lump Sum Exercises

Posted by Alison Bostock on Mar 11, 2016 11:18:06 AM

First published in Pension Funds Online, 11 March 2016

Alison Bostock looks at the benefits of the revised Code for Incentive Exercises.

The Code of Practice on Incentive Exercises is a brilliant example of the pensions industry working together to solve a problem.

Many people felt uncomfortable with cash incentives offered to members to transfer out their DB pensions or give up their future pension increases.

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Topics: Defined Contribution, Pensions, Defined Benefit, dc, decoding, lump sum

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