Consultants Hymans Robertson has taken issue with a recent report from the Pensions Regulator.
Last week, the Regulator suggested that some savers were being offered inducements by trustees to "transfer out" of a final salary scheme and into another kind of plan.
Final salary, or defined benefit, pensions tend to come with stronger guarantees of retirement income than alternative schemes, but can prove costlier for employers to run.
Therefore, many of the schemes have closed as a result of the credit crunch.
Responding to the findings, Hymans Robertson suggested that its own experience of the matter was in "stark contrast" to that of the Regulator.
Richard Shackleton, partner at Hymans Robertson, said: "While we recognise that there are some unscrupulous employers that seek to profit at the expense of their pension scheme members, a properly structured enhanced transfer offer will provide members with a real and fair choice and the ability to take control of their pension savings.
"Clearly, transferring out of a defined benefit scheme will not be appropriate for all, but for some members having the opportunity to re-shape their pensions, improve the flexibility over payment and avoid the risk of losing some of its value if their employer goes bust will be attractive."
Customers who retire on a disappointingly small pension can use other non-pension based sources of income, such as home reversion plans.
Posted by Tom Papworth
