YOU'RE APPLYING TO TRANSFER A PENSION

ACCESSING YOUR PENSION



 

This could be because you are close to, or are the age, you can start to access your pension(s) (the minimum pension age is 55, increasing to 57 in 2028). Or you could be able to access your pension(s) for reasons of ill health or have a protected pension age on the pension you’re transferring into.

Getting guidance or advice before you transfer


As you've said you'll be accessing your benefits soon, we need to know if you’ve had guidance or financial advice, or would like some before proceeding with your transfer.


Here's a reminder of how getting guidance or advice can help you.
 

Guidance 
 

You can get FREE and impartial guidance from Pension Wise from MoneyHelper about the options for using your pension. It’s a government service, where you can get a free appointment with a Pension Wise specialist, who will talk you through your options. The phone appointment takes between 45 to 60 minutes and the specialist will:
 

  • cover some basics around transferring,
  • ask your reasons for transferring,
  • explain your pension and retirement options,
  • explain how each option is taxed,
  • tell you what your next steps are.


Advice


You can get advice about your pension from a financial adviser. They'll talk to you about your current situation and your future plans. They can then recommend what they think will be best for you based on your needs. You usually have to pay for this advice.

 

Getting guidance:  Book a Pension Wise appointment.
 

We can book a Pension Wise appointment for you.


Please call us so we can book a time that suits you:

0123 456 7890

Lines are open Mon to Fri, 9am to 5pm. From outside the UK call +44 123 456 7890.
 

Booking a Pension Wise appointment online


If it's easier, you can make your own appointment with Pension Wise, by visiting the MoneyHelper website.


Wanting advice:  Find a financial adviser


A financial adviser can recommend the pension option that's best for you. If you don’t have a financial adviser, you can find out how to get a financial adviser on our website.

 

Advisers normally charge for any advice.

But if your circumstances have changed since then, it could be worth doing it again. You don't have to though. If you need help to set up an appointment with Pension Wise just give us a call on 0123456789 or you can make your own appointment with Pension Wise, by visiting the MoneyHelper website.

Even if you've had guidance, getting advice from a financial adviser could still be a good idea. They can give you a recommendation based on your needs. You can find out find out how to get a financial adviser on our website.

If you are happy with the guidance you received, you can continue to rest of the pension transfer form.

You've told us that you didn't get guidance from Pension Wise. You don't need to get guidance from them but we recommend that you do. It's a free service that can help you find out how to make the best use of your pension savings. 

Here's a reminder of how getting guidance or advice can help you.

Guidance

You can get FREE and impartial guidance from Pension Wise from MoneyHelper about the options for using your pension. It’s a government service that offers guidance online, on the phone or face to face.

Advice

You can get advice about your pension from a financial adviser. They'll talk to you about your current situation and your future plans. They can then recommend what they think will be best for you based on your needs. You usually have to pay for this advice.

You’ve already had guidance or advice.

If you’ve had guidance and your circumstances have changed since then, it could be worth getting this again. You don't have to though. If you need help to set up an appointment with Pension Wise, just give us a call on 0123456789 or you can make your own appointment with Pension Wise, by visiting the MoneyHelper website.


If you are happy with the guidance or advice you received, you can continue to rest of the pension transfer form.

Booking a Pension Wise Appointment



We can book a Pension Wise appointment for you 

Please call us so we can book a time that suits you:
0123 456 7890
Lines are open Mon to Fri, 9am to 5pm. From outside the UK call +44 123 456 7890.

Booking a Pension Wise appointment online

If it's easier, you can make your own appointment with Pension Wise, by visiting the MoneyHelper website.

If you still want to transfer after speaking to Pension Wise, you can, please call us on 0123 456 7890 and we can help you do this.

Finding a financial adviser

A financial adviser can recommend the pension option that's best for you. If you don’t have a financial adviser, you can find out how to get a financial adviser on our website. 

Advisers normally charge for any advice.

If you still want to transfer your pension after getting advice from a financial adviser, please come back to this website, and complete your pension transfer application.

 

You’ve decided to not have guidance or advice

You don’t have to. But either could help you in making the right decision.

If you need help to set up an appointment with Pension Wise just give us a call on 0123456789 or you can make your own appointment with Pension Wise, by visiting the MoneyHelper website.

A financial adviser can recommend the pension option that's best for you. If you don’t have a financial adviser, you can find out how to get a financial adviser on our website. Advisers normally charge for any advice.


If you are happy to proceed without any guidance or advice, you can continue to rest of the pension transfer form.

 

Your personal details

 

This request is to transfer into your existing Scottish Widows Retirement Account. If you would like to transfer into your existing Scottish Widows Workplace Pension, please use the Workplace Pension form instead.

 

 

Step 1 of 6 First, tell us about you. We’ll use these details to confirm who you are.



 

Age in months
AGE
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.

IMPORTANT NOTES

Our Data Privacy Notice

Your Data Protection is very important to us, and it is important that you understand how the personal information you give us will be used. Therefore, we strongly advise that you read our privacy notice, which you can find at www.scottishwidows.co.uk/legalprivacy or you can ask us for a copy.

 

 

The Pension you'd like to transfer into

Step 2 of 6 Tell us about your Scottish Widows pension. This is so we know which pension you'd like to move your other pensions into.

 


Let’s find your pension


Help us find your pension with us by telling us your policy number.  

Where can I find this?

You can find this on your annual benefit statement or policy schedule.

Pensions you want to transfer
 

Step 3 of 6 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. 


If you’d like to transfer more than one pension, you can add more details below


Pension details

 

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 2

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 3

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 4

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 5

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 6

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 7

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 8

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 9

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

Pension 10

This may be the name of your employer. If you have a personal pension, type ‘individual’ here.
Where you can find this

You can find this on your annual benefit statement or policy schedule.

Here’s what we need

Check the transfer value of your pension before you apply. You can do this by contacting your provider. This will help make sure your transfer process goes smoothly.

£

  

Total Pension Value


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:                                             ##line1##
                                                            ##line2## 
                                                            ##line3##
                                                            ##line4##
Post code:                                          ##postcode##       
Country:                                             ##country##
Email:                                                 ##email##

Contact Number:                              ##contactno##

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

 

 

Your Scottish Widows pension:      ##planno##

 

Pension 1

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

Pension value:                                  ##valuepension1##

Pension 2

Pension provider:                            ##pensionprovider2##
Scheme name:                                 ##schemename2##
Member or policy number:             ##referencepension2##

Pension value:                                 ##valuepension2##

Pension 3

Pension provider:                            ##pensionprovider3##
Scheme name:                                 ##schemename3##
Member or policy  number:            ##referencepension3##

Pension value:                                 ##valuepension3##

Pension 4

Pension provider:                            ##pensionprovider4##
Scheme name:                                 ##schemename4##
Member or policy  number:            ##referencepension4##

Pension value:                                 ##valuepension4##

Pension 5

Pension provider:                            ##pensionprovider5##
Scheme name:                                 ##schemename5##
Member or policy  number:            ##referencepension5##

Pension value:                                 ##valuepension5##

Pension 6

Pension provider:                            ##pensionprovider6##
Scheme name:                                 ##schemename6##       
Member or policy number:             ##referencepension6##

Pension value:                                 ##valuepension6##

Pension 7

Pension Provider:                            ##pensionprovider7##
Scheme name:                                 ##schemename7##       
Member or policy number:             ##referencepension7##

Pension value:                                 ##valuepension7##

Pension 8

Pension provider:                             ##pensionprovider8##
Scheme name:                                   ##schemename8##       
Member or policy number:              ##referencepension8##

Pension value:                                  ##valuepension8##

Pension 9

Pension provider:                             ##pensionprovider9##
Scheme name:                                   ##schemename9##       
Member or policy number:              ##referencepension9##

Pension value:                                   ##valuepension9##

Pension 10

Pension Provider:                              ##pensionprovider10##
Scheme name:                                   ##schemename10##       
Member or policy number:               ##referencepension10##

Pension value:                                    ##valuepension10##


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 understand my transfer payment will be invested depending on how my existing Scottish Widows Pension is currently invested, whether that is fully in Retirement Planning or Retirement Income, or in a mixture of both.

I have been made aware of the 'Important Notes for Applications' document and the Key Features Document (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 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'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 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. 

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.

Please click Submit once to request your pension transfer

Would you like to cancel?

If you cancel this form we won't keep your details


 Cancel my application