LEAVING DC CHOICE

If you leave the Company, all contributions to your account will stop and you will no longer be eligible for ill-health or life assurance benefits. 

You can transfer your pension savings to another approved pension scheme. Otherwise, once a year the Trustees will review everyone who’s left the Company but kept their pension savings invested in DC Choice. For most members their pension savings will be transferred automatically (in April each year) to the Legal & General Mastertrust. The Trustees will write to all those affected at the appropriate time.