On 19 January 2007, the government published a response to its consultation about changing the calculation of transfer values from defined benefit pension schemes. The majority of respondents favoured a scheme-specific method of calculating transfer values, where they are assessed on the basis of the expected cost to the scheme of providing the pension. The government will adopt this approach, and plans to issue draft regulations for consultation in mid-2007 that will come into force in April 2008. Generally, the government is keen to maintain the current position in terms of the balance of interests between the transferring member, the members remaining in the scheme, and the cost to the employer of maintaining the scheme.