Defined Benefit vs Defined Contribution Triage
Self-Assessment & Retirement Guidance Benchmark
DB: Final Salary
DC: Personal Pension
Wish, Want & Need Framework
Categorize your retirement priorities before evaluating a pension transfer.
3. WISH (Legacies, Gifts)
2. WANT (Holidays & Lifestyle)
1. NEED (Essentials: Housing, Food, Bills)