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Defined Benefit (DB) pensions: What you need to know

Making Money

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Navigating Defined Benefit Pensions

This chapter explores the complexities of defined benefit (DB) pensions, including potential employer changes and the transition to defined contribution plans. It highlights the impact of inflation on pension values and the necessary employee notifications regarding scheme alterations. Through personal anecdotes and expert insights, the speakers stress the importance of understanding pension components for maintaining financial security in retirement.

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