YOU'RE APPLYING TO TRANSFER A PENSION

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Check your details

Step 4 of 6 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.

Name: ##forname## ##surname##
Date Of Birth: ##day##/##month##/##year##
National Insurance Number: ##nino##
Address: ##address1##
##address2##
##address3##
##address4##
Post code: ##postcode##
Email: ##email##

Contact Number: ##contactno##

Please tell us if you would like to receive text message updates about the status of your application: ##textmessage##

Edit personal details

Your Scottish Widows pension: ##planno##

Edit policy number

Pension 1

Pension provider: ##pensionprovider1##
Scheme name: ##schemename1##
Member of policy number: ##referencepension1##

Pension value: ##valuepension1##

Pension credits: ##pension-credits##

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Here, we take you through the small print

Step 5 of 6 Next, we need your permission to go ahead with the transfer. This part of the process is sometimes called a ‘declaration’. References to the Scheme apply to the Scottish Widows Appropriate Personal Pension Scheme.

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

I understand that this application forms part of my contract with Scottish Widows, along with the Rules of the Scheme, the policy provisions, the policy schedule and any document amending the policy schedule.

I have been made aware of the 'Important Notes for Applications' <PDF, 68KB) document and the Key Features Document (PDF, 451KB) (Retirement Account Planning KFD) and understand that Scottish Widows will rely on them when administering my contract.

You’re happy for us to start your transfer

I authorise, instruct and apply to the current provider 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 have reviewed information supplied by your current provider.

I have read any information provided or made available to me by the current provider(s) connected with this transfer.

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You're nearly there!

Step 6 of 6 Finally, just a couple more points to confirm. In this section, you’re agreeing with two things.

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 I’ve read the education pages and I:

Confirm that there is nothing to stop me applying; and
Acknowledge that Scottish Widows has provided me with details of the kind of options, benefits, guarantees and protections that could be lost if I proceed with the transfer(s).

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

I confirm that the pensions to be transferred have not arisen from ‘disqualifying’ pension credits.

I confirm that I’m a UK resident.

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.

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

Your transfer payment will be invested based on how your existing Scottish Widows Pension is currently invested with us.
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.

I confirm I have read the above and would like to go ahead with the application

Please click Submit  once to request your pension transfer

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