Understanding enhanced transfer values of defined benefit pensions:

Some schemes offer modest transfer values, while other firms offer enhanced transfer values. Over the past couple of years there has been a significant number of corporations offering Enhanced Transfer Values (ETV’s) in an effort to entice members to take the offer. Many semi-state bodies such as eircom and An Post are offering these values to their ex-employees. Ulster bank are currently in the process of writing out to many of their ex-employees offering them very lucrative ETVs for a limited time only. For more visit us at: https://mmadvisors.ie/understanding-enhanced-transfer-values-of-defined-benefit-pensions/