Final Salary Pension

[chasper]

If I were to move jobs from having a final salary pension to having a standard pension, is there a percentage amount I should look for as a pay increase to make up for the difference?

[Tichfield]

That is impossible to answer.

You may not realise it, but the capital value of a final salary pension of �10,000 per annun payable from age 65 is probably worth more than your house.

[factor-fiction]

You can always take out a personal pension or stakeholder pension and benefit from tax relief on contributions, but it will never be as good as a final salary works pension because in a company scheme the employer usually makes a contribution similar to the employee's contribution- maybe 7% of salary. Also the employer may top up the scheme from time to time and pays the admin costs whereas a personal/stakeholder pension levies some fees/sales commision.
Overall, I would say a company final salary scheme is typically worth 10-15% of salary.