GreenXCode,
thank you for that, there’s plenty to read when you add DB and DC to Google! That’s really good information, so thanks a lot! I never knew the differentiation between the two.
As an aside, the Tories have finished with the LTA but Ms Reeves has said it’s a priority tax raiser when (or if) they get in. I don’t doubt what she says. A BCE on a much smaller pension makes sense if a private pension is building.
A military pension at 20x plus a lump sum adds up quite quickly.