INVESTMENT OPTIONS FORM

Transcription

1 INVESTMENT OPTIONS FORM For members of Your Tomorrow and the Your Tomorrow section of Lloyds Bank Pension Scheme (No.1) It all adds up Complete this form if: you re a member of Your Tomorrow or the Your Tomorrow section of the Lloyds Bank Pension Scheme (No.1); and you wish to change the investment of your account. If you prefer, you can change your choices on Your Pension. It s quick and easy to do. Log in now at epa.towerswatson.com/accounts/lbg. To find out more about the investment options available, visit the Investments section of the Group Pensions website. Once you ve completed the sections relevant to you in BLOCK CAPITALS and black ink, please sign, date and return to: Lloyds Pension Administration Willis Towers Watson PO Box 545 Redhill, Surrey RH1 1YX If you ve any questions or require this document in large print, Braille or audio format, please contact the Scheme administrator: yourtomorrow@willistowerswatson.com Consider this If you re also a deferred member of a Lloyds Banking Group Pension Investment Plan (i.e. you no longer pay contributions to the plan but you still have investments in the plan) and you wish to change your investment choices for your deferred account, complete the Investment Options Form for deferred members, or visit Your Pension at epa.towerswatson.com/accounts/lbg Section A - Your details Title (e.g. Mr, Mrs, Dr): Telephone number: Forename(s): address: Surname: Payroll ID or National Insurance No*: * This is a mandatory field. 1

2 Section B Your investment approach You can choose from two investment approaches: LifePlan and PersonalChoice. You can invest all contributions using one approach, or invest each contribution type (core, company, additional and GMPS transferred-in funds) differently. To find out more about these options, visit the Investments section of the Group Pensions website. Please choose one investment approach for each contribution type that applies to you. Only tick one box per column. Investment approaches Core contributions Company contributions Additional contributions* GMPS transferred in * LifePlan or PersonalChoice *Additional contributions only apply if your contribution rate is more than 5%. **GMPS transferred-in funds only apply if you were previously a member of the HBOS Group Money Purchase Scheme. If you ve chosen: LifePlan only; complete Sections C and F; PersonalChoice only; complete Sections D and F; or LifePlan and PersonalChoice; complete Sections C, D and F. Consider this Please note that investments in the LifePlan approach will be automatically switched into lower-risk funds as you approach retirement. However, investments made using the PersonalChoice approach will remain invested in the same funds unless you choose to move them. 2

3 Section C LifePlan Only complete this section if you ve chosen the LifePlan investment approach (in Section B) for any of your contribution types. Complete the four steps below to set up your own LifePlan strategy. You can change your choices at any time. 1 Choose your LifePlan Approaching Retirement Fund option. Only tick one box per column. Approaching Retirement Fund Options Core contributions Company contributions Additional contributions Annuity (regular income for life) Drawdown (take income as and when you need it) Cash (take it all at once) 2 Choose your LifePlan Growth Fund option. Only tick one box per column. LifePlan Growth Fund options Core contributions Company contributions Additional contributions Global Equity Fund Mixed Investment Fund Global Equity Fund moving to Mixed Investment Fund 3 Choose your target retirement age. Your target retirement age can be any age between 55 and 75. My target retirement age is. 4 Choose your switching period (only tick one box). 5 years 10 years 3

4 Section D PersonalChoice Only complete this section if you ve chosen the PersonalChoice investment approach (in Section B) for any of your contribution types. For each contribution type identified in Section B, you can choose to invest your accrued funds and future contributions in the same way, or you can invest them differently. You don t have to fill in every box; the PersonalChoice fund range is there for you to select the funds you specifically want to use. Fill in how much you want to invest in each fund. Your investment choices for each column that applies to you must add up to 100%. All percentages must be whole numbers. Investment funds Core contributions Company contributions Additional contributions GMPS transferred in funds Global Equity Fund Mixed Investment Fund Annuity Focus Fund Cash Fund Emerging Markets Equity Fund Property and Infrastructure Fund Bond Fund UK Equity Fund North America Equity Fund Europe (excluding UK) Equity Fund Japan Equity Fund Asia Pacific (excluding Japan) Equity Fund Total: 100% 100% 100% 100% 100% 100% 100% 100% Section E Data protection The Trustee is a data controller of personal data it processes to administer the Scheme. As data controller, the Trustee holds and processes certain personal data about you, as a Scheme member, and possibly those of your dependants and beneficiaries. Personal data means information that can be used to identify you, such as your name. The Trustee holds and processes this data to properly administer the Scheme, to comply with the law and to ensure you receive your Scheme benefits. The types of data the Trustee may collect and hold will include, for example, your National Insurance number, date of birth and your postal address. The Trustee generally collects this data from you and from your employer. Some of the data the Trustee collects may be classed as special category data, such as information you tell us about your health if you apply for ill-health pension benefits. Where the Trustee is required to process these special types of data, we will approach you or the relevant individuals for specific explicit consent to the processing of such data, unless there are legal reasons for processing such data. As the Trustee is assisted by third parties to properly administer the Scheme, your personal data may be shared with these parties, including for example, the Scheme s administrator, the Scheme s actuary, the Trustee s professional advisers (such as the Scheme s lawyers), service providers, regulators and Government bodies. Your personal data may also be shared with your employer and the trustees of any other Lloyds Banking Group pension scheme under which you are a beneficiary or any third parties providing services connected to the administration of those schemes. Further information on how the Trustees use your personal data and your rights regarding that data can be found at lloydsbankinggrouppensions.com/data

5 Section F Your authorisation By signing and dating this form, you re requesting that your investment choices are carried out in line with your instructions and understand that they will usually be processed within 10 working days. You re consenting to your personal details being obtained, held and processed for the purpose of administering your scheme. If you ve selected the LifePlan approach, you understand the Trustee is not recommending any specific approach to you. If any part of this form is completed incorrectly or is incomplete, the Trustee reserves the right to treat your form as if it were not completed. Signed: Date: DD MM YYYY Please return your completed form to the Scheme administrator at the address provided on the front page. PENSIONS YTNo1/2/Mar18