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  • Marcon
    Marcon Posts: 15,598 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    dunstonh said:
    Thanks for that detailed response, very helpful. Yes I used an online calculator I seen posted on this forum, was on the Telegraphs website.
    Those calculators are usually wrong by a fair margin.   They are largely guesswork and totally unreliable.   I am not even sure some are being maintained after the significant drop in gilt yields and the drying up of DB transfers.

    Must private final salary pension providers allow you to transfer your money out?
    No.   Some public sector pensions will not allow you to transfer out.



    ...where the transfer is to a scheme which permits you to 'flexibly access' your benefits. A transfer to another defined benefit scheme is normally possible.
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
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