I left the Army ten years ago and have worked for the same company ever since. Six years ago I was invited to join the parent company's final salary scheme, which I did. Earlier this year, the parent company sold my company, which meant I had to leave the final salary scheme. I now have a deferred pension of £5300(plus any increments) at the age of 65(12 years). Not bad for six years membership!! I have looked at transferring this to my current pension. The transfer value is £70000 and the pension company's figures give a projected pension of £3500 at minimum growth to a total pot of £109000. Clearly not as good. My concern is what would happen to the final salary pension if the scheme was wound up/closed/went bust. Is there some sort of Government protection system for these schemes?