Pension – Occupational pension scheme. The Chancery Division, in allowing the appellant's appeal, considered the definition of 'transfer credits' in s 181(1) of the Pension Schemes Act 1993. It held that the pensions ombudsman had wrongly construed the definition of the phrase and, consequently, the appellant had been entitled to require the respondent mutual insurance society to transfer the cash equivalent of her accrued rights under her personal pension scheme, so that she would be awarded transfer credits in relation to her occupational pension scheme.