An EnhancedTransferValue (ETV) exercise offers members a once-off opportunity to transfer the value of the pension. EnhancedTransferValue & Defined BenefitPensions. Everything you need to know.If you are being offered an EnhancedTransferValuefor your pension then get in touch with a pension advisor to explore whether it will be in your favour to accept it or not. Should you wish to accept an EnhancedTransfervalue, you will transfer your benefits to a separate pension arrangement. There are a couple of steps involved inthe process of accepting an EnhancedTransferValue. As a general rule you can expect a process similar to the below The transfervalue ordinarily paid from pension schemes is typically poor valuefor members unless they are close to retirement. An EnhancedTransferValue (ETV) exercise offers members a once-off opportunity to transfer the value of the pension, on enhanced terms... In addition to the value of the existing pension, additional benefits are also offered to safeguard their financial future. Here is an example – Mr. A has €150,000 as the value of the existing pension. Now, he is offered a 30% EnhancedTransferValue to leave the DB scheme. An EnhancedTransferValue is an exercise where members of a Defined Benefit scheme are offered a once-off chance to transfer the value of their pension with enhanced terms to another scheme. The enhancementtransfervalue is typically based on a percentage value between 5-100... Here, we detail the rationale behind the notion ofenhancedtransfervalues and the factors you should consider when reviewing an offer, and how it compares to your defined benefitpension. The FCA has published Thematic Review 14/12: Enhancedtransfervaluepensiontransfers.whether the recommendation provided, and the advice process that the member was put through, resulted in a suitable outcome inthe member’s individual circumstances (suitability); and.