Discover how to plan for early retirement in the UK by evaluating expenses, savings, pensions, and more, to ensure a financially secure future.
When considering a defined benefit pension transfer, it is important to understand the significant impact that gilt yields have on transfer values. An increase in gilt yields can lead to a substantial decrease in the transfer value of your pension. For instance, a pension worth £10,000 per annum could see its transfer value drop by a considerable amount, from £250,000 to £130,000 as…
