If you’re a spouse or civil partner of an employee, or if you’re unmarried and a long-term partner who lives at the same address as an employee you may be able to use our products to save for your future. This might be in a pension, an Individual Savings Account (ISA) or an Investment Account.
The following application is for a pension and if you are eligible we will set you up with a pension product. We need to do this so we can set up an account for you but you don’t have to make any contributions to the pension plan we set up if you don’t want to. You may also be eligible to apply for an Individual Savings Account (ISA) and an Investment Account, so once we’ve set up your pension, you’ll be able to apply for these through your pension account.
You can find more information about the pension product within our Terms and Conditions and Key Features.
Step 1 - Declaration
Before you start, please confirm that all of the following apply to you.
- I live in the UK, or I am a Crown servant, (Crown Servant is someone who lives overseas and works for and is paid by the UK Government).
- I’m not over 75.
- I am not already a member of the pension scheme.
- I am a partner or spouse of an existing employee and we live at the same address.
- I have read the Key Features of the Scottish Widows Retirement Saver, the Scottish Widows Retirement Saver terms and conditions, and the Guide to pension tax.
- I wish to apply to be a member of the Scottish Widows Personal Pension (No.1S) Scheme. I understand that Scottish Widows will administer the Scheme in accordance with the Scheme rules as amended from time to time, and the Scheme rules and Scottish Widows Retirement Saver terms and conditions will apply to my plan.
- I will notify Scottish Widows in writing within 30 days, or within 30 days of the end of the tax year in which the event occurs, if later, if
- I stop living in the UK, or I am no longer a Crown servant or the spouse/civil partner of a Crown servant
- there are changes to the information contained within this application form which means the information previously provided is no longer true
- I am no longer entitled to receive tax relief.
- I agree that if the basic rate of tax changes, Scottish Widows will amend the amount collected, but only to the extent necessary to maintain the total payment. Total payments by me in any tax year will not exceed the higher of £3,600, and my relevant UK earnings.
If you can’t confirm the above, these products are not right for you.