A guide to pension transfers
by Brite Advisors

There are many reasons people transfer a pension to either an offshore scheme orto a private scheme within the UK. The most common type of transfer is from aDefined Benefit (DB) scheme (also known as a final salary pension) to a DefinedContribution scheme (DC) such as a SIPP (Self Invested Personal Pension).However, it is not uncommon for people to move a DC pension to another DCpension to pursue better performance, better service and lower fees