There are many reasons people transfer a pension to either an offshore scheme or to a private scheme within the UK. The most common type of transfer is from a Defined Benefit (DB) scheme (also known as a final salary pension) to a Defined Contribution scheme (DC) such as a SIPP (Self Invested Personal Pension).However, it is not uncommon for people to move a DC pension to another DC pension to pursue better performance, better service and lower fees