FT Weekend. Newspaper Today’s frontpage Saturday 23rd , June 2018, UK Newspaper

FT Weekend. Newspaper Today's frontpage Saturday 23rd , June 2018, UK Newspaper

Some of the UK’s largest final salary pension schemes are the target of rogue financial advisers, according to the FT Weekend. The paper says the key regulators have alerted trustees at Lloyds Banking Group and J Sainsbury, after a surge in members swapping their gold-plated defined benefit (DB) for cash settlements. Since pension transfer freedoms were anounced in 2015, total transfers hit a record £10.6bn in the first quarter of 2018.

News Source BBCNewsPaper

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