New Defined Benefit transfers MasterClass
In this recorded Masterclass from 28 March 2017, we look at the technical differences between Defined Benefit and Defined Contribution schemes. An understanding of the key differences will help you to advise clients who are considering a transfer out of their DB scheme. In particular it will compare the schemes in relation to:
- Tax free cash
- The Annual Allowance
- Death Benefits
- The Lifetime Allowance test
- Flexibility and tax planning on income withdrawals.