Having spent the past 25 years as an IFA I'd be very wary of transferring anyone out of a defined benefit scheme into a money purchase scheme, particularly one that had inflation proofed benefits. This is a complex area of financial planning and taking any advice from "fat bloke down the pub" or "some well meaning but unqualified PPruner" could be a very expensive mistake. Take professional advice and make bloody sure you understand the ramifications of any transfer out of the AFPS.