Should You Consider Taking a Transfer Value From a Defined Benefit Pension Scheme?

In our latest vlog, ITC's John McGovern discusses the variables to consider when taking a transfer value from a Defined Benefit Pension Scheme. He also takes a look at what investment return or risk would be needed on the transfer value offered to at least match your DB pension entitlement promise.

• The views expressed in this video are based on our current (as of November 2019) understanding of pensions law and Revenue practice, which is subject to change.
• Independent Trustee Company Limited, part of the ITC Group, is regulated by the Central Bank of Ireland. Please note that the provision of some of our products or services does not require licensing, authorisation or registration with the Central Bank of Ireland and, as a result, such products are not covered by the Central Bank’s requirements designed to protect consumers or by a statutory compensation scheme.
• If you are interested in setting up a pension, please speak to your financial advisor.

_{*Please note this content is the view of the author and not of Independent Trustee Company}