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  • Transfer Out Form - Lloyds Banking Group Colleague Pensions

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YOUR REWARD TRANSFER OUT REQUEST AND DISCHARGE FORM Your Tomorrow The pension scheme for Lloyds Banking Group colleagues Consider this Action point You should only complete and return this form if.

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You can transfer your pension fund to another pension scheme – generally any time up to one year before the date when you are expected to start drawing retirement benefits. In some cases, it's also possible to transfer to a new pension provider after you've started to draw retirement benefits.

Your questions answered Generally speaking, if you've saved into a workplace or private pension, once you reach 55, you can start taking your money out, but you can also choose to leave it where it is and let it grow a bit more.

If you're still unsure, or if you're a dependant or representative who needs to get in touch, contact WTW (the scheme administrator) at 01737 227 522.

Call us on 0800 096 8669.

You can take up to 25% of your pension pot as a tax-free cash lump sum then use the rest to get a regular and secure taxable income for life.

A pension cannot be transferred to a bank account in the same way it can to a different pension scheme. To place your money into a bank account, you would need to withdraw the funds, and to do so you must be 55 or over and have an eligible scheme.

A pension transfer from a defined benefit (final salary or career average) pension scheme usually means giving up your income for life in return for a cash value. This cash is then moved and invested in another pension scheme.

To book an appointment visit .pensionwise.gov.uk/LBGPTL or call the booking helpline on 0800 138 3944 - make sure you tell them you are a member of a Lloyds Banking Group pension scheme.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232