Transfer option

You can consolidate your FuturePlanner benefits into a new pension arrangement when you leave service.

The cash value of your Retirement Account may be transferred to your new employer’s pension scheme, if your new employer agrees, or to a personal pension arrangement of your own choice.

Consolidating your pension savings in this way may make it easier to manage and review your retirement savings.

You should advise your new employer or your personal pension provider if you are interested in this option and give them the contact details of the FuturePlanner administrators.

The Trustees’ liability to provide you with benefits ceases upon payment of the transfer value to your new employer’s scheme or to an individual personal pension policy. The Trustees would not be responsible if the new investment fails to match that under FuturePlanner.