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
Pension guides: page 9
Plain-English guides to defined benefit and final salary pensions, transfer values, the advice process and the rules. General information, not advice.
Articles, page 9
Illustrative exampleTransferring a Final Salary Scheme to secure death benefits
Illustrative example: transferring a final salary pension to leave money to children. What you would give up, the 2027 IHT changes and other options.
Reviewed 22 October 2026 · 7 min read
Partial Defined Benefit Pension Transfer: A 2026 Guide
How a partial DB pension transfer works, which schemes offer one, the risks, the tax rules and the regulated advice you need before you go ahead.
Reviewed 22 October 2026 · 12 min read
Illustrative exampleWithdrawing a transferred DB pension, without investment risk
Illustrative example: withdrawing a transferred DB pension or pension pot without investment risk using a fixed-term annuity, and why transfers rarely suit.
Reviewed 22 October 2026 · 7 min read
7 Questions to Ask Before Transferring Your Pension Funds (2026 Guide)
Thinking about a DB pension transfer? Seven questions to ask yourself and any adviser, covering CETVs, tax-free cash, the 2027 IHT changes and adviser checks.
Reviewed 22 October 2026 · 10 min read
The FCA Determined to Review the Redress for Unsuitable Pension Transfer Advice
How the FCA reviewed and updated the way redress is calculated for unsuitable DB pension transfer advice, and what to do if you are worried about past advice.
Reviewed 22 October 2026 · 6 min read
DB Pension Transfers: Regulation, Rights and the Debate Around a Ban (2026 Guide)
Are DB pension transfers banned? The history of calls to restrict them, the FCA rules today, the £30,000 advice requirement and your rights as a member.
Reviewed 22 October 2026 · 9 min read
How Economic Conditions Affect DB Pension Transfer Values (2026 Guide)
How gilt yields, interest rates and inflation affect your DB pension Cash Equivalent Transfer Value (CETV), and why timing the market rarely helps.
Reviewed 22 October 2026 · 8 min read