JavaScript Warning

This site relies on JavaScript for critical functionality. Please enable JavaScript and reload the page.

How do I apply for a defined benefit transfer?

With a defined benefit transfer, it is likely that you will need to send us a paper application, along with additional documents, such as signed discharge forms from your current pension provider. The scheme may issue a checklist of the documents you need to see, and we recommend that you go through this well in advance, as defined benefit transfers can be time-sensitive.

We need to receive all of the necessary documents at least ten working days before the guarantee on your  transfer valuation expires. Most pension schemes usually guarantee a transfer value for three months from the date they issue it.

Please note, as these benefits are lost on transfer, we require customers to receive a positive recommendation from a professional adviser before we can accept the pension transfer. Our specialist retirement team can provide you with support during this process. You can contact them on 0800 084 5045.