Transfers Out

Forms concerning this process are not currently available online. Information concerning CETVs can be obtained from Group Pension Department. Enquiries can be emailed to: pensions.administration@nsg.com

The Scheme Trustee is obliged to make the member aware of the fact that where a CETV is in excess of £30,000.00 they are now required to take independent advice from an advisor authorised by the Financial Conduct Authority (FCA) prior to proceeding with such a transfer of benefits.

If a member chooses to proceed with a CETV request they will be required to provide evidence that they have received advice from an independent financial adviser authorised by the FCA specifically in relation to the provision of ‘Pension transfer Advice’ before any transfer may be made. This is specific information which must be included in the advisor’s confirmation.  The advisor ought to be aware of this and should provide the necessary confirmation. Please be advised that a charge may be made for the provision of such advice.

The Pilkington Superannuation Scheme is a registered scheme under Chapter 2 of Part 4 of the Finance Act 2004; the Scheme pension registry number is 101109994. The PSS Trustee requires documentary evidence from the administrator of the receiving arrangement that the scheme is registered with the Pensions Regulator, with HMRC or the FSA prior to completing a transfer.

The Financial Services Authority, the Pension Regulator and the Pension Advisory Service provide information about transfers which may be of assistance to you when deciding whether to proceed with a transfer. The PSS is also eligible for support, if required, from the Pension Protection Fund.