What is a Pension Transfer Specialist?
What a pension transfer specialist is, when the law requires their advice, the qualifications they need and how abridged and full advice work.
Reviewed 22 October 2026 · 8 min read
Pension guides: page 7
Plain-English guides to defined benefit and final salary pensions, transfer values, the advice process and the rules. General information, not advice.
Articles, page 7
What is Abridged Advice?
What abridged advice is, its two possible outcomes, what an adviser looks at, how it is charged, and why it can never recommend a DB pension transfer.
Reviewed 22 October 2026 · 6 min read
What affects Defined Benefit transfer Values?
The main factors behind defined benefit transfer values (CETVs): gilt yields, inflation, scheme funding, your age and scheme assumptions, explained simply.
Reviewed 22 October 2026 · 8 min read
Illustrative exampleTransferring a Million+ Pension
Illustrative example: what a regulated adviser would weigh on a £1.4 million DB transfer value, and how tax and PPF rules have changed since 2021.
Reviewed 22 October 2026 · 8 min read
Pension Tax Allowances and Defined Benefit Transfers: 2026 Guide
How pension tax allowances affect DB transfers in 2026: the Lump Sum Allowance (£268,275), the LSDBA, LTA protections and what replaced the LTA.
Reviewed 22 October 2026 · 9 min read
How the FCA Regulates Defined Benefit Pension Transfer Advice (2026 Guide)
How the FCA regulates DB pension transfer advice: the permission advisers need, the transfer analysis, charging rules, and how to protect yourself.
Reviewed 22 October 2026 · 9 min read
Smoothed and With-Profits Funds Explained: What to Consider (2026 Guide)
How smoothed and with-profits style pension funds work, what market value reductions are, the charges and risks, and the questions to ask an adviser.
Reviewed 22 October 2026 · 11 min read
GMP equalisation ruling, what does it mean?
What the Lloyds GMP equalisation rulings mean for DB pensions, transfer values and people who transferred out in the past, explained in plain English.
Reviewed 22 October 2026 · 7 min read