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As a deferred member you have the option of transferring your benefit entitlement from this pension scheme into another approved pension scheme of your choice.
If you decide to choose this option, the pension scheme will pay to the receiving scheme an amount equal to the Cash Equivalent Transfer Value (CETV). You will cease to be a member of this pension scheme and you (and your dependants) will no longer be entitled to any benefits in this pension scheme.
In order to select this option, you will need to take approriate financial advice. For more information, please contact us.
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.