Most people have no idea what a defined benefit pension scheme is. But if you're in one, you know how lucky you are! In this video, we explain why final salary pensions are in terminal decline and what makes them so valuable for those who are still accruing benefits.
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Martin Bamford is an award-winning Chartered Financial Planner, Fellow of the Personal Finance Society and Director of Client Education at Informed Choice. He’s author of three bestselling personal finance books and co-author of Harriman’s New Book of Investing Rules.
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***Important Disclaimer***
This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!
The value of investments can go down as well as up. Past performance is not indicative of future returns.
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