E1413 Additional investment application form -use …

1 Individual PensionsAdditional investment application formFor personal contributions only (not employer contributions) Reference CCTI This form can be used to: increase regular contributions add an Additional single form is for use with the following products: FutureProof Individual Pension Plan Personal Pension Plan (Series 3) Personal Pension Account (Series 1 and 2) FutureProof Individual Stakeholder complete in CAPITAL LETTERS and where appropriate. Give careful consideration to your answers and to the Declaration before signing this form is being used to add an Additional single contribution to the plan or to enable a third party to make a contribution on your behalf, we will require an identity verification certificate to be completed for each party, unless this has previously been and address of your financial adviser (if you have one)For internal use onlyWork manager numberPlan number:Local office number:Financial adviser number:If you don t have a financial adviser, please tick Did your adviser give you advice in respect of this application ?

2 Advice given Advice not given 1. Personal detailsYour pension account/plan number Your full name Date of birth (DD MM YYYY) Permanent residential address Postcode Daytime telephone number Mobile telephone number Email (Warning sending personal information by email is not secure. Only include your email address if you agree to us sending you emails.) Nationality (list all if more than one held) Country of residence (if other than UK) Occupation 2. Increasing regular contributions and adding an Additional single contributionThe Treasury sets an annual allowance on the amount that can be paid into all your registered pension schemes without incurring a tax charge. Higher earners will have a lower annual allowance limit, called the Tapered Annual Allowance . Your annual allowance may also be limited to the Money Purchase Annual Allowance if you have flexibly accessed a pension with us or any other Money Purchase Annual Allowance (MPAA) is currently 4,000. The MPAA applies to you if you have flexibly accessed your pensions from us or any other provider and have received any of the payments listed below from 6 April 2015 onwards: a payment from a flexible access drawdown fund (also known as a flexi-access drawdown fund); a payment from a capped drawdown fund which would exceed existing capped drawdown limits; a pension encashment (also known as an uncrystallised funds pension lump sum); a payment under a flexible annuity contract; a pension payment from a money purchase scheme which has fewer than 11 other pensioner members; a stand-alone lump sum from a money purchase arrangement where you were entitled to primary protection with a right to take a lump sum of greater than 375, MPAA applies to all contributions you pay (or that are paid on your behalf employer contributions and death-in-service premiums) each year to all money purchase pension schemes of which you are a member.

3 If the MPAA applies to you and your contributions exceed it, you will be liable to pay a tax charge based on your highest rate of income tax. The MPAA does not apply if you have taken only income from a capped drawdown plan; tax-free cash (pension commencement lump sums) when using your plan to purchase an annuity or drawdown plan; or small pots taken as a cash lump sum. In these circumstances, the higher annual allowance applies to you. i. Have you flexibly accessed any pensions with us or any other provider? (see note 1) Yes No If Yes Date of first payment (DD MM YYYY) 2. Increasing regular contributions and adding an Additional single contribution (continued)Please note: If you: have relevant UK earnings that are chargeable to income tax for the tax year, or you are resident in the UK at some time during the tax year, or you have, or your spouse or civil partner has, earnings for the tax year from overseas Crown employment that are subject to UK tax, then in that tax year, you can normally get tax relief on the total contributions (excluding employer contributions, transfers and contracted-out contributions) being paid to all registered pension schemes of which you are a member, up to (including any tax relief due) the higher of the basic amount (currently 3,600) or your relevant UK earnings.

4 You do not get tax relief on any amount that exceeds this. You should also note that Clerical Medical will only accept contributions that you can get tax relief on, and that you are responsible for monitoring the amount you pay to all registered pension schemes of which you are a member. You must tell us immediately and stop your payments if you pay more than the amount you can get tax relief on. Your personal contributions must be made net of basic rate tax. HM Revenue & Customs (HMRC) will add basic rate tax relief to your net contributions. We ll invest the total (gross) contribution in your plan. Your tax relief may depend on your main place of residence in the UK as advised by HMRC for each tax year. If you are a Scottish or Welsh taxpayer the tax relief you will be entitled to will be at the Scottish or Welsh Rate of income tax as applicable. Regular contributions and adjustments to them will be made by direct Increasing regular contributions If you ve previously chosen for the amount you contribute to increase automatically via an increase option, this will apply to the new total contribution from the next renewal date.

5 If you have any increase option or waiver of contributions benefit that applies to current regular contributions it will also apply to the increase in contributions (if we require you to answer further health questions we will notify you in due course). For monthly contribution plans, the changes will take effect on the same day of the month as the plan renewal date. For annual contribution plans, the changes will take effect from the next renewal date, unless you tell us below. Your request to increase your contributions won t be processed until the starting date you have requested below (if any). This means that the increase in contributions will usually be collected with the contribution next following that date. You can find what minimum Additional contribution you can make on our website at state the gross amount ( to include the amount added by HMRC, equal to the basic rate of income tax). The table below will assist:Gross (including tax relief) Net (amount that you pay) 50 50 40 125 100 100 80 3,600 2,880 These figures are based on a basic rate of income tax of 20%.

6 If you would like to work out the gross amount yourself, this easy calculation will assist:Net amount divided by = Gross amountGross amount multiplied by = Net amountIf you pay more than 20% tax on some of your income, you will need to claim the Additional tax relief either by contacting HMRC or via your tax return. Amount of increase* New total contributions (gross)**Your personal contribution *Excluding automatic increases via the increase option.**Including automatic increases via the increase do you want the amended regular contributions to start? (if other than the next renewal date) (MM YYYY) Contribution frequency Annually Monthly 2. Increasing regular contributions and adding an Additional single contribution (continued)iii. Additional single contributionsYour personal Additional pension contribution (gross) Single contributions should be paid by cheque. Please note: Cheques should be made payable to Scottish Widows Limited. To help prevent fraud, you must also add your name and the plan number (if known).

7 If you don t do this, we may have to return the example Scottish Widows Limited A N Other, Plan no. 123456 You should also draw a line through any unused space on the cheque so that unauthorised people cannot add extra numbers or investment fundsWe will invest your contribution(s) on the same basis as your existing Declaration and authorisationWho looks after your personal informationYour personal information will be held by Scottish Widows Ltd which is part of the Lloyds Banking Group. More information on the Group can be found at full privacy noticeThis privacy notice contains key information about how we will use and share your personal information and the rights you have in relation to this. If you want to know more please access our full privacy notice at or ask us for a we use your personal informationWe will use your personal information: to provide products and services, manage your relationship with us and comply with any laws or regulations we are subject to (for example the laws that prevent financial crime or the regulatory requirements governing the products we offer).

8 For other purposes including improving our services, exercising our rights in relation to agreements and contracts and identifying products and services that may be of support us with the above we analyse information we know about you and how you use our products and services, including some automated decision making. You can find out more about how we do this, and in what circumstances you can ask us to stop, in our full privacy we share your personal information withYour personal information will be shared within Lloyds Banking Group and other companies that provide services to you or us, so that we and any other companies in our Group can look after your relationship with us. By sharing this information it enables us to better understand our customer s needs, run accounts and policies, and provide products and services efficiently. This processing may include activities which take place outside of the European Economic Area. If this is the case we will ensure appropriate safeguards are in place to protect your personal information.

9 You can find out more about how we share your personal information with credit reference agencies below and can access more information about how else we share your information in our full privacy we collect your personal information fromWe will collect personal information about you from a number of sources including: information given to us on application forms, when you talk to us in branch, over the phone or through the device you use and when new services are requested. from analysis of how you operate our products and services, including the frequency, nature, location, origin and recipients of any payments. from or through other organisations (for example card associations, credit reference agencies, insurance companies, retailers, comparison websites, social media and fraud prevention agencies). in certain circumstances we may also use information about health or criminal convictions but we will only do this where allowed by law or if you give us your can find out more about where we collect personal information about you from in our full privacy you have to give us your personal informationWe may be required by law, or as a consequence of any contractual relationship we have, to collect certain personal information.

10 Failure to provide this information may prevent or delay us fulfilling these obligations or performing Declaration and authorisation (continued)What rights you have over your personal informationThe law gives you a number of rights in relation to your personal information including: the right to access the personal information we have about you. This includes information from application forms, statements, correspondence and call recordings. the right to get us to correct personal information that is wrong or incomplete. in certain circumstances, the right to ask us to stop using or delete your personal information. from 25 May 2018 you will have the right to receive any personal information we have collected from you in an easily re-usable format when it s processed on certain grounds, such as consent or for contractual reasons. You can also ask us to pass this information on to another organisation. You can find out more about these rights and how you can exercise them in our full privacy Individuals you have financial links withWe may also collect personal information about other individuals who you have a financial link with.