DB Debrief – Our New Resource Area

What does a good defined benefit transfer file look like in 2020? We released a very popular paper, back in early 2018, which looked at defined benefit transfers, from a number of angles and how to create a comprehensive, clear file. At the time, the paper also discussed the upcoming changes, namely the introduction of TVCs and APTAs, as well as assessing a client’s Attitude to Transfer Risk.

Those changes came into force on 1st October 2018 and now, a couple of years later, we’re approaching a new tranche of changes, that will apply from 1st October 2020. Defined Benefits, and how to thoroughly assess and document advice in this area, is something we’re regularly asked about at Apricity and we’ve always thought it important to provide our own guidance in a more robust manner than simple checklists. The key is to have a thorough understanding of the FCA requirements behind reviewing a defined benefit scheme, and this should lead to your files being, you guessed it… naturally compliant.

So, we have refreshed our ever popular DB whitepaper and designed a whole new resource area to give you a DB Debrief and provide you with helpful tools to support you going forward.

Check out our new resource area and grab your copy of our updated whitepaper here.