Check you can do this

Find out if you're eligible and are transferring the right kind of pensions. If you continue, this information will form part of your contract with us.​

I'm eligible​

  • I'm a UK tax payer and live in the UK​
  • I'm under 74​
  • I'm transferring pensions that amount to £10,000 or more.​


I understand what combining online means​​

  • I've read the key features​ (PDF 2MB)
  • It's my decision to do this online​
  • I know that this service doesn't include financial advice.​


I've considered what I may be giving up​

  • I've read 'Can I do it?' and 'Is it right for me?'​
  • It's my responsibility to find out whether my previous pensions have valuable benefits I could lose if I transfer them​
  • My employer is NOT currently paying into the pension I want to transfer​

The pension I want to transfer is NOT:​

  • a defined benefit pension (often known as a 'final salary' or 'career average revalued earnings (CARE)' pension)
  • one with guarantees that Scottish Widows can't accept ​
  • part of a block transfer
  • the result of a pension sharing order ​

I'm NOT:​

  • taking an income from the pension I'm looking to transfer​
  • transferring a pension from outside the UK​
  • transferring just part of a pension plan, I'm transferring the whole thing.​

 

If I'm transferring a Lloyds Banking Group pension I understand;​

  • The value of my plan is taken from the date I submit (or confirm) the transfer request​
  • that if my pension has protected tax-free cash and (or) a protected retirement age, I'll lose these benefits. Scottish Widows will get in touch with me to confirm I want to go ahead and will not process the transfer until I do​.

About You

Step 1 of 4  First, tell us about you. We’ll use these details to confirm who you are.

 

Please type your title below
Age in Months
Age
If you're planning to take your pension in less than a year from now, you cannot set up online. Instead, call on 0345 601 2585 Monday-Friday 9am-6pm.
We’ll use your mobile number to stay in touch about your transfer by text.
Please note, we‘ll only use this to keep in touch with you during the transfer process.

Read Scottish Widows' privacy notice for information on how they use your personal details.

Pension Details

Step 2 of 4  Here, we ask about the pension you’d like to move to us. This is so we can get in touch with your other provider and start the process. The pensions you transfer to us must have a total value of more than £10,000. We can only accept your total pension value, not part of it. If you are transferring more than one pension you’ll have to enter each pension amount individually.
 

Pension 1

 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 2
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 3
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 4
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 5
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 6
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 7
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 8
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 9
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£

Pension 10
 

This may be the name of your employer.
You can find this on your annual statements. This is not the same as a scheme name.
We can only accept whole pensions, not part of a pension. These should add up to at least £10,000.
£
Total Pension Value

The total value of the pension pots you want to transfer: ##total-pension-value##

Setting up regular contributions

Please note we will not start collection of these until all transfers have been received or agreed differently with yourself.
This is the amount you want to contribute each month (including tax relief).
£
Please note this can only be between the 1st and the 28th of the month

Your Direct Debit Details

Direct Debit logo
Please note the account should be one on which you’re named.

We’ll send you a copy of your Direct Debit instruction soon. It will confirm your account details, the amount to be taken and the date of the first payment.

We (Scottish Widows Limited) are the arranger of the pension and will collect the payments.

The Direct Debit will be set up on your account and show up on your bank statement like this:

Scottish Widows Limited

 

Find out more about paying by Direct Debit

  • Please note that you DO NOT need to bank with us to pay by direct debit. We can accept direct debit details for any bank or building society, provided that the amount you specify is one that allows direct debits to be set up.

    All the normal Direct Debit safeguards and guarantees apply. No changes in the amount, date or frequency to be debited can be made without notifying you at least ten working days in advance of your account being debited. In the event of any error, you are entitled to an immediate refund from your bank or building society. You have the right to cancel a Direct Debit instruction at any time simply by writing to your bank or building society.

    In order to set up your Direct Debit instructions online you will need to provide the following information through the setting up procedure:

    • Bank or building society account name
    • Account number
    • Sort code

    Banks and Building Societies may not accept Direct Debit instructions for certain types of account.

    The details of your Direct Debit instruction will be sent to you confirming your banking details, the amounts to be debited and a summary of the details on which your payments are based. You will also receive confirmation of the first payment collection date no less than five working days in advance of your account being debited together with details of future collection dates and your policy documents.

  • Direct Debit logo

    This guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits.

    If there are any changes to the amount, date or frequency of your Direct Debit Scottish Widows Limited will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request Scottish Widows Limited to collect a payment, confirmation of the amount and date will be given to you the time of request.

    If an error is made in the payment of your Direct Debit, by Scottish Widows Limited or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society.

    If you receive a refund you are not entitled to, you must pay it back when Scottish Widows asks you to.

    You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us.

  • Please pay Scottish Widows Limited Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this instruction may remain with Scottish Widows Limited and, if so, details will be passed electronically to my bank / building society.

Investing your pension

We now need you to choose how much risk you want to take and how you want to take your pension when you retire. This will allow us to place you in the lifestyle strategy that suits you.​

 

Don't worry, after you’ve transferred you pension(s) you can change how your money is invested at any time.​

 

How much risk do you want to take? Remind me of my options

How do you want to take your pension when you retire? Remind me of my options

Check your details

Step 3 of 4 Please check the details you have given us below are correct. If you’d like to change any of these, you can do this by clicking the edit button below.


Check your personal details
 

Name:                                                        ##title## ##forname##  ##surname##

Gender:                                                      ##gender##

Date of Birth:                                            ##day##/##month##/##year##

Nationality :                                              ##nationality##

Marital Status:                                          ##maritalstatus##

Residency:                                                 ##residency##

National Insurance Number:                  ##nino##

Occupancy:                                               ##occupancy##

Employment Status:                                ##emplystatus##

Age you plan to retire:                             ##retirementage##

Email:                                                         ##email##

Contact Number:                                      ##contactno##

Address:                                                     ##line1##, ##line2##, ##line3##

Post code:                                                  ##postcode##

Would you like to receive text message updates about the status of your application:  ##notto_to##


Check your pension details
 

Pension 1

Pension Provider:                                    ##pensionprovider1##

Scheme Name:                                         ##schemename1##

Policy, reference or  Plan No:                 ##referencepension1##

Approximate Value:                                 ##valuepension1##

 

Pension 2

Pension Provider:                                    ##pensionprovider2##

Scheme Name:                                         ##schemename2##

Policy, reference or  Plan No:                 ##referencepension2##

Approximate Value:                                 ##valuepension2##

Pension 3

Pension Provider:                                  ##pensionprovider3##

Scheme Name:                                       ##schemename3##

Policy, reference or  Plan No:               ##referencepension3##

Approximate Value:                               ##valuepension3##

 

Pension 4

Pension Provider:                                  ##pensionprovider4##

Scheme Name:                                       ##schemename4##

Policy, reference or  Plan No:               ##referencepension4##

Approximate Value:                               ##valuepension4##

 

Pension 5

Pension Provider:                                  ##pensionprovider5##

Scheme Name:                                       ##schemename5##

Policy, reference or  Plan No:               ##referencepension5##

Approximate Value:                               ##valuepension5##

 

Pension 6

Pension Provider:                                  ##pensionprovider6##

Scheme Name:                                       ##schemename6##

Policy, reference or  Plan No:               ##referencepension6##

Approximate Value:                               ##valuepension6##

 

Pension 7

Pension Provider:                                  ##pensionprovider7##

Scheme Name:                                       ##schemename7##

Policy, reference or  Plan No:               ##referencepension7##

Approximate Value:                               ##valuepension7##

 

Pension 8

Pension Provider:                                  ##pensionprovider8##

Scheme Name:                                       ##schemename8##

Policy, reference or  Plan No:               ##referencepension8##

Approximate Value:                               ##valuepension8##

 

Pension 9

Pension Provider:                                  ##pensionprovider9##

Scheme Name:                                       ##schemename9##

Policy, reference or  Plan No:               ##referencepension9##

Approximate Value:                               ##valuepension9##

 

Pension 10

Pension Provider:                                  ##pensionprovider10##

Scheme Name:                                       ##schemename10##                

Policy, reference or  Plan No:               ##referencepension10##

Approximate Value:                               ##valuepension10##

 

Total pension value :               ##total-pension-value##

 

Regular contributions :                           ##reg-pay##

Monthly amount :                                     ##month-pay##

Collection date :                                       ##date-pay##

Account Name (s) :                                   ##acc-hold-name##

Account Number :                                    ##account-number##

Sort Code :                                                ##sort-code##

Pension risk selected :                            ##pensionrisk##

Pension options selected:                       ##pensionoption##

Here, we take you through the small print

Step 4 of 4 Next, we need your permission to go ahead with the transfer. This part of the process is sometimes called a ‘declaration’.

 

What this section is for

What you tell us here will become part of your contract with us.

That’s why, for legal reasons, we must give you some official wording. If you complete this form, you're letting us know that you agree with the statements below.

You’re also letting us know that you’ve checked if your other providers will charge you to transfer. You agree to pay these as part of your transfer.

 

Declaration to Scottish Widows

When you set up a Retirement Account you'll have a policy issued in your name and become a member of the scheme. Scottish Widows manages (or 'administrates') the scheme and follows the responsibilities described in the rules of the scheme.

The details you enter online are part of a new contract to set up a Retirement Account with us, along with the:

You'll get these documents in the post when your application is complete. The rules of the scheme are available on request.

 

You’re happy for us to start your transfer

I authorise, instruct and apply to you to transfer sums and assets from the plan(s) as listed in this application directly to Scottish Widows and to provide any instructions and/or discharge required by any relevant third party to do so.

 

We can talk to your providers and your employers, and they can talk to us

I authorise Scottish Widows, the current provider, any contributing employer named in this application to obtain from each other, and release to each other, any information that may be required to enable the transfer of sums and assets to Scottish Widows.

 

You're happy for us to ask a credit agency to check that your details are correct

I accept that in order to comply with regulatory obligations, Scottish Widows – and the current provider named in this application – may need to verify my identity and residential address, and may use credit reference agency searches and ask for my documents to verify my identity and address.

 

If you change your mind, we’ll send back the payment we received

Until this application is accepted and complete, Scottish Widow’s responsibility is limited to the return of the total payment(s) to the current provider(s).

 

Once you’ve transferred to us, the income you’ll receive will come from us, not your old providers.

When payment is made to Scottish Widows as instructed, this means that I shall no longer be entitled to receive pension benefits from the whole of the plan(s) listed in this application where the whole of the plan(s) is transferring, or that part of the plan(s) represented by the payment(s) if only part of the plan(s) is transferring.

 

You gave us the right details.

I accept responsibility in respect of any claims, losses, expenses, additional tax charges or any penalties that Scottish Widows and the current provider may incur as a result of any incorrect, untrue, or misleading information in this application or given by me, or on my behalf, or of any failure on my part to comply with any aspect of this application.

This includes where I have been asked to provide any original policy document(s) in return for the transfer of funds and I am unable to do so.

 

You’ve checked our transfer pages and there’s nothing to stop you applying.

I confirm the current plan(s) are not subject to any existing or proposed trustee in bankruptcy orders, or earmarking or pension sharing orders, or other receiving orders. 

I confirm that I live in the UK.

 

If you’re setting up pension contributions now or in the future.

I declare that;

For the purposes of obtaining tax relief to which I’m entitled to under section 188 of the Finance Act 2004, total contributions paid by me, or by another individual on my behalf, to the Scheme, and any other registered pension schemes of which I am a member, will not in any tax year, exceed the higher of the basic amount (currently £3,600 gross), and 100% of my relevant UK earnings.

Contributions paid by me, or by another individual on my behalf, which are paid net of basic rate tax, will change if the basic rate of tax changes, to maintain the then total contribution to the Scheme.

I will inform Scottish Widows if I am no longer entitled to receive tax relief on my contributions to the Scheme. I will do so by the later of:

  • 5th April in the tax year in which I ceased to be entitled to tax relief; and
  • 30 days after the date I ceased to be entitled to tax relief.

I will inform Scottish Widows within 30 days if:

  • my employment status, or my employer, should change from that indicated in this application, or
  • I stop residing in the United Kingdom.

This declaration and the particulars given in this application are, to the best of my knowledge and belief, correct and complete.

I authorise Scottish Widows to deduct from the bank or building society account detailed in this application, the payments specified in the application and any increases to those payments that you have agreed or subsequently agree to make.

 

What happens next?

When you submit this form, you’re confirming you’ve been told the following:
 

  • When you transfer your pensions in full to us, your pensions with the transferring provider and which relates to this transfer will be closed.
  • We’re not giving you financial advice during this process.
  • You have the right to change your mind, this means:

    If you change your mind about transferring your pension, you’ll tell Scottish Widows within 30 days of receiving your confirmation documents in the post. Scottish Widows will have to return your pensions to your previous providers.
  • If your previous providers do not accept your pensions back, you might have to set up a new policy.

Marketing Preferences

We would like to keep you up to date on products and offers that may be of interest to you. Please select how you would like to hear from us below. These choices won't affect any necessary information we need to send you such as statements and, don't worry, you can change your mind and update your preferences at any time.

 

As we develop mobile applications you'll receive relevant notifications to your mobile device



By saying yes, you are giving consent for Scottish Widows to use your personal information to send you relevant offers and information about our products. Scottish Widows includes the following legal entities: Scottish Widows Ltd. Scottish Widows Unit Trust Managers Limited, Scottish Widows Administration Services Limited and HBOS Investment Fund Managers Limited. Occasionally we will send you selected offers from other companies within Lloyds Banking Group that may be relevant to you.

Declaration

Please click Submit once to request your pension transfer.

Need Help?

Whatever stage you're at, we're on hand to help you along the way.​

Call our Pension Helpdesk

​You can call us Monday-Friday 9am-6pm.

0345 601 2585