- Helping members of occupational pension schemes to better understand their benefits.

21st November 2019
:: Scheme Member | Redundancy | Redundancy - Transfer values

Redundancy - Transfer values
We look at one of the consequences of you being made redundant - the decision whether to stay in your pension scheme or whether to consider transferring-out.
You need to understand what your transfer value represents in terms of your pension benefits. It is important that you get a clear and understandable analysis from a Financial Adviser of all of the options now available to you should you consider transferring your benefits to another arrangement.
We ask typical questions such as:
  • What is a transfer value?
  • How is a transfer value calculated?
  • Where can I transfer to?
  • What is a Transfer Value Analysis (TVAS) 
To find out more, choose one of our free Factsheets on the right to match your category of membership.
Not sure which category of member you are? See our definitions:
See our Glossary for definitions of phrases in our Factsheets
  Defined Benefit scheme members
Redundancy - Transfer values - for Active Members of Defined Benefit Schemes
Redundancy - Transfer values - for Preserved Members of Defined Benefit Schemes
Not applicable to Pensioner members
Not applicable to Pensioner members 
  Money Purchase scheme members
This Factsheet is not yet available for Money Purchase members.
This Factsheet is not yet available for Money Purchase members.

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