This calculator provides an estimate of the Cash Equivalent Transfer Value (CETV) you might be offered based on your deferred benefit (DB) pension.
The CETV you receive will depend on your age, the level of forecast pension when you retire, your retirement date and how generous the annual increases are on your pension both in deferment and when it gets paid. The range calculated is for illustration purposes only and does not constitute advice. If you are already receiving a defined benefit pension you can’t get a transfer value.
What do the calculators show?
The CETV Calculator gives you an estimate of the range of transfer values you might get offered based on your DB pension value, with the Beneficiaries Calculator outlining the potential values that would be likely available to pass onto your beneficiaries.
Get in touch if you want to ask any questions about the results you get from our final salary pension transfer calculator, or any of our other calculators. For further information on what to consider when transferring your DB pension see our guide.
If you are a member of a pension scheme with safeguarded benefits, it may be in your best interests to retain the safeguarded benefits.
The cash and pension payments from a defined benefit pension are fixed and guaranteed by the scheme and previous employer. These arrangements are relatively complex and you should always take advice about your options as you approach retirement. A transfer out of a defined benefits scheme is irreversible and can only be done after advice has been given by a qualified adviser.
The value of investments and the income they produce can fall as well as rise and you may not get back your original investment. Once you transfer, you will become responsible for the management of your investments.
Any information contained within this website should not be deemed to constitute investment advice and should not be relied upon as the basis for a decision to enter into a transaction, or as the basis for any financial or investment decision. Investors should always seek professional advice regarding the suitability of any investment.
Tideway Investment Group comprises the following entities: Tideway Investment Partners LLP; Tideway Wealth Management Limited and Tideway Asset Management Limited. Tideway Asset Management Limited and Tideway Wealth Management Limited are appointed representatives of Tideway Investment Partners LLP, which is authorised and regulated by the Financial Conduct Authority. FCA number: 496214.