You can choose to transfer the value of your benefits to another registered pension scheme any time prior to retirement. The transfer value is comprised of:
The capital value of the accumulated retirement income accrued to date that you would have received at age 65; plus
The amount of any personal AVC account balance(s).
You are entitled to request a transfer quotation once a year free of charge which outlines the transfer value, at a specified date. If you do wish to consider transferring please seek independent financial advice to make sure it is in your best interest to do so. Additional requests for a CETV quotation within the same 12-month period will be chargeable.