In a former life I worked in the pensions industry, doing the unseen type of calcualtions needed to work out the value of your pension funds, rather than at the higher profile selling end. As a member of a scheme you may annually request a quote of your prospective pension benefits (those to be given at retirement) AND the present value of those benefits, that you could take as a transfer sum elsewhere. Request those statements and then forward them to a prospective new provider. They will provide a quote on what that transfer payment will buy in their scheme. You then simply compare the two quotes.