Your Say

Individuals in a defined benefit (DB) pension scheme (also known as a final salary pension) have the option to transfer to a defined contribution pension.  This may be attractive to those who want flexible-access over their pension. But transferring from a DB pension scheme can mean that you will be giving up valuable guaranteed benefits and you might find yourself worse off.

If you have a DB pension scheme, please help us assess your understanding of it by answering our simple poll below.  

All answers are confidential and you will not be contacted as a result of this.


Did you know that you could transfer your defined benefit pension to a defined contribution pension?


Are you considering doing this?


There are many things to consider when deciding whether to transfer from a DB to a DC pension scheme. Read our checklist here.

If you a considering transferring your pension, you may be required to take financial advice. Please contact us to find out more.