2 articles tagged with Final Salary Pension Transfer.
A Cash Equivalent Transfer Value (CETV) is the lump sum a final salary pension scheme offers to give up your guaranteed income for life. Transfers above £30,000 legally require regulated advice — here's how the numbers work and why most people should say no.
Your workplace pension stays with you — it doesn't disappear when you leave. But you have 4 options: leave it, transfer it, consolidate, or cash in (if small). Here's what each means.