Advice you can trust

Grove Pension Solutions

We are specialists in Defined Benefit Pension Transfer advice, directly authorised and regulated by the Financial Conduct Authority (Firm Reference Number 465051).

Since 2007 we have been helping people interested in transferring their old company pension schemes into an arrangement that gives them far greater flexibility and control.

We also provide a Defined Benefit Pension Transfers for introducing IFA’s and their clients.

Grove Pension Solutions
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Dedicated Support

You will have a dedicated liaison team to talk to throughout the pension transfer process.

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Personal Adviser

You will be allocated your own pension transfer specialist adviser to discuss and help guide you through your transfer options.
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Dedicated Service

You will have a dedicated administration team ensuring the smooth progression of your case.

Defined Benefit Pension Transfer

Defined Benefit Pension Transfer

There are many reasons why you might be interested in transferring your old company defined benefit pension.

Most of them come down to you wanting more flexibility and control about how and when you retire. Or maybe you just need to supplement your income now.

Defined Benefit Pension Transfer Service For IFA’s

DB Pension Transfers for IFAs

The DB Pension Transfer Service is designed for Professional Independent Financial Advisors (IFAs).

Your client, our risk. We take all the compliance risk, whilst you maintain your clients and ongoing servicing rights.

Why choose Grove Pension Solutions

Why Choose Grove

Established in 2007, we are a pension transfer specialist authorised by the Financial Conduct Authority.

We pride ourselves on the high quality of service we give and being able to provide advice you can trust.


This service only applies to pensions in the UK. Defined benefit pension schemes contain valuable guarantees that would be lost in the event of a transfer to a new arrangement. Taking benefits early will almost certainly reduce your pension income in retirement and is only suitable for a limited number of people and circumstances. This should not be seen as an easy option for raising cash.

If you release all your money from your pension early you will not have anything left to provide you with income in retirement. Usually 25% of your pension can be released tax-free, the balance is taxed at your marginal rate at the time of release, this marginal tax rate could change in the future.

What our clients say


Latest News

IFA Newsletter March 2024 

IFA Newsletter March 2024 

In our previous Newsletter, we noted a fourth consecutive month of increases to average CETVs based on the Grove Pensions Solutions (GPS) CETV Index. This was despite the Bank of England base rate remaining at 5.25% since August 2023. So far, despite interest rates remaining stable and no decreases on the horizon, we have seen a slight reversal in this with average CETVs dropping over early 2024.

IFA Newsletter February 2024

IFA Newsletter February 2024

In December 2023, for the fourth consecutive month, we have seen average CETV’s increasing, based on the Grove Pensions Solutions (GPS) CETV Index. This is despite the Bank of England base rate remaining at 5.25% since August 2023. Of course, inflation-linked increases to members deferred benefits will have inevitably played a significant part in this increase in CETV’s.

IFA Newsletter November 2023

IFA Newsletter November 2023

Following the implementation of our new fee structure, we can confirm that we now have a maximum fee ‘cap’. In short, our maximum fee for DB transfer advice is now £13,000, applying to any client with a transfer value of greater than £857,000