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Important Note (this section should be deleted before letter is printed and sent)If you have a deferred pension in respect of another scheme and are considering transferring it into the Group Fund
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How to fill out transfer of pension rights

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How to fill out transfer of pension rights

01
Obtain the necessary transfer of pension rights form from your pension provider.
02
Fill out your personal details including name, address, date of birth, and pension account number.
03
Provide details of the pension scheme you are transferring the funds to, including the name of the scheme and account number.
04
Indicate the amount you wish to transfer and any specific instructions or conditions for the transfer.
05
Sign and date the form, and submit it to your pension provider for processing.

Who needs transfer of pension rights?

01
Individuals who are changing jobs and want to transfer their pension benefits from their previous employer's scheme to their new employer's scheme.
02
People who are retiring and wish to consolidate their pension savings into a single plan for easier management.

What is Transfer of Pension Rights Authority - Plain text version Form?

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Transfer of pension rights refers to the process by which an individual can move their pension entitlements from one pension scheme to another, typically when changing jobs or providers.
Individuals who wish to transfer their pension rights from one scheme to another are required to file for the transfer.
To fill out a transfer of pension rights, individuals must complete a transfer form provided by the new pension scheme and provide necessary details such as personal information, existing pension scheme information, and the amount to be transferred.
The purpose of transferring pension rights is to consolidate an individual's retirement savings into one scheme, often to secure better benefits, lower fees, or more investment options.
Information that must be reported includes the member's personal details, details of the existing pension scheme, the amount being transferred, and the receiving scheme's information.
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