Your pension options

Thank you

Make your choice Your investment choice Make your choice checklist

Make your choice

Once you have reviewed the options available to you, please complete this form. Please select the options you would like more information about and we will send you a personalised illustration. Don’t forget you can choose more than one option.

Name

Account number

A guaranteed income

To get a quote for guaranteed income options please call 0800 048 2446 or go to
legalandgeneral.com/retirement/our-products

Flexi-Access Drawdown

If you would like a quote for this option please also complete and return the Pension
Guidance form and Make your choice checklist.

How much tax-free cash do you want to take? Take the maximum tax-free lump sum Take a different tax-free amount

Tax-free amount (£)

How much income do you need, and how often? Regular income amount A one-off payment

Income amount (£)

Monthly Quarterly Half yearly Annually

One-off amount (£)

Withdraw as cash

Please complete and return the Pension Guidance form and Make your choice checklist
You can visit legalandgeneral.com/mya or call us on 0345 075 0402 if your pot is worth £10,000 or less and you want to take a lump sum.
If your pot is over £10,000 you need to complete the boxes below.

Tell us how much you’d like to take

The first 25% of each lump sum is usually tax-free, while the rest is subject to income tax.

Part of your pot as a partial lump sum Your whole pot as a lump sum

Partial amount (£)

Take your pension later

If you don’t respond to this pack we’ll extend your retirement age by 5 years to xx and manage your money in the same way unless you tell us otherwise. You can change your retirement age at any time by logging into legalandgeneral.com/mya or fill in the box below and return it to us.

Choose your retirement age

How should we contact you?

Let us know how you’d like us to get in touch by filling in your preferred contact details. However, if you’d like to receive your quote by email, please add your email address. We can only email documents to registered emails held with Legal & General. You may need a printer to return the form to us.

Please confirm your preferred choice Phone number Email address

Phone number

Email address

The personal data provided by you on this form will be processed to provide you with the information, products and/or services that you have requested from us. For further information on how we process your personal data, please see our privacy policy which is available at legalandgeneral.com/privacy-policy.

Your investment choice

With a flexible income, it’s not just about deciding what you want to do with your pension savings today, but making sure that the pension savings that remain invested can support your objectives for the future.

Please choose one section only

Your investment choice Choose an investment pathway Remain invested in current funds Choose your own funds

If you’d like to choose an investment pathway, please complete this section.
If you want more information about investment pathways it’s in the investment pathways section of your pack.

You can choose one or more options by putting a percentage amount in the boxes below to fit your future retirement plans.

If you only complete one box we’ll assume you want 100% of remaining funds invested in that investment pathway option. If you complete two or more boxes and don’t specify a % we’ll need to return the form to you to complete again.

You can choose to keep your investments as they are, but you should ensure your current investments are suitable now and you should keep this under regular review to ensure they continue to meet your needs. You can check your investments in your online account and it’s referenced in your annual Pension Benefit Statement.

Option 1

I have no plans to touch my money in the next five years

Option 2

I plan to set up a guaranteed income (annuity) within the next five years

Option 3

I have to start taking a long-term income within the next five years

Option 4

I plan to take my money within the next five years

I’d like to make my own investment choices

You only need to complete this section if you want to make your own investment decisions.
Please tell us where you’d like your money invested.

The percentage must total 100%
(this is the remaining funds – tax-free cash is not included)

Please ensure you provide the fund code. You can find the available list of funds at legalandgeneral.com/fund-zone or on the investment guide on your scheme microsite, which can be found on the front of this pack.

Name of fund

Fund code

Percentage %

Would you like to add another fund? Yes No

Name of fund

Fund code

Percentage %

Would you like to add another fund? Yes No

Name of fund

Fund code

Percentage %

Make your choice checklist

If you’ve selected to take a flexible income or take cash you’ll need to complete and return this form along with the completed Pension Wise Guidance form.

Your responses will help us check you fully understand your options. If we think anything has been misunderstood, we’ll get in touch.

Tick Yes or No for each question

1. Have you fully researched your retirement options including approaching other providers for information about their products and services? Yes No

2. Have you had guidance from Pension Wise, or are you planning to? Yes No

3. Have you received advice from a financial adviser, or are you planning to? Yes No

4. Does your existing pension plan have any guarantees or other valuable benefits? Yes No

5. Is there a cost or penalty for taking money from your existing pension pot?

6. Are you thinking of withdrawing money from your pension pot to invest somewhere else?

7. Do you understand how much tax you’ll pay for each option you’re considering? Yes No

8. Do you need the flexibility to withdraw lump sums of money from this pension pot later?

9. Do you expect this pension to give you an income for the whole of your life?

10. Do you know that if you smoke, are overweight, have any medical condition or take any medication, that you may be eligible for a higher level of income from your pension pot?

11. Do you need to use your pension pot to provide for your financial dependants, such as a spouse or registered civil partner, when you die? Yes No

12. Have you considered how your income in retirement will keep up with the cost of living (inflation)? Yes No

13. Do you understand that accessing your pension pot could affect any means tested State benefits you or your partner receive now or could claim in the future?

For example, housing benefit, council tax reduction, income support, Universal Credit, income-based job-seeker’s allowance and any benefit that pays for long-term care.

Yes No

14. Once you’ve accessed your pension pot, are you aware of how your pension pot is treated if you have any debts, such as credit cards, loans or a mortgage? Yes No

15. Do you know how to protect yourself from investment scams? Yes No

16. Do you wish to proceed without pensions guidance or advice? Yes No

Member name

Scheme name

Account number