Common use of TRANSFERS IN Clause in Contracts

TRANSFERS IN. 5.1 With the agreement of ESL, you can transfer benefits from another registered pension scheme to your plan. You will not be able to transfer any defined benefits arrangements to your plan. 5.2 Subject to section 8.4, if you became entitled to drawdown pension on the death of a member under another registered pension scheme you can apply to transfer the entitlement into your plan for the purpose of continuation of drawdown pension. If ESL accepts the application you will be treated as a beneficiary. 5.3 You are responsible for ensuring that a transfer of benefits is in your best interests. Neither ESL nor the trustee provides advice and ESL's acceptance of any transfer is in no way an endorsement of the suitability for you of the transfer. 5.4 Transfers-in must be made by cash payment by direct credit and in sterling. Transfer Declaration 5.5 When making a transfer to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme (“the current provider”) and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESLʼs responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application. 5.6 When making a transfer of benefits that have already been designated for the payment of a drawdown pension to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme ("the current provider") and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESL's responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application.

TRANSFERS IN. 5.1 With the agreement of ESL, you can transfer benefits from another registered pension scheme to your plan. You will not be able to transfer any defined benefits arrangements to your plan. 5.2 Subject to section 8.4, if you became entitled to drawdown pension on the death of a member under another registered pension scheme you can apply to transfer the entitlement into your plan for the purpose of continuation of drawdown pension. If ESL accepts the application you will be treated as a beneficiary. 5.3 You are responsible for ensuring that a transfer of benefits is in your best interests. Neither ESL nor the trustee provides advice and ESL's acceptance of any transfer is in no way an endorsement of the suitability for you of the transfer. 5.4 Transfers-in must be made by cash payment by direct credit and in sterling. Transfer Declaration 5.5 When making a transfer to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme (“the current provider”) and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESLʼs ESL’s responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application. 5.6 When making a transfer of benefits that have already been designated for the payment of a drawdown pension to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme ("the current provider") and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESL's responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application.

TRANSFERS IN. 5.1 With the agreement of ESL, you can transfer benefits from another registered pension scheme to your plan. You will not be able to transfer any defined benefits arrangements to your plan. 5.2 Subject to section 8.4, if you became entitled to drawdown pension on the death of a member under another registered pension scheme you can apply to transfer the entitlement into your plan for the purpose of continuation of drawdown pension. If ESL accepts the application you will be treated as a beneficiary. 5.3 You are responsible for ensuring that a transfer of benefits is in your best interests. Neither ESL nor the trustee provides advice and ESLXXX's acceptance of any transfer is in no way an endorsement of the suitability for you of the transfer. 5.4 Transfers-in must be made by cash payment by direct credit and in sterling. Transfer Declaration 5.5 When making a transfer to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme (“the current provider”) and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESLʼs responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application. 5.6 When making a transfer of benefits that have already been designated for the payment of a drawdown pension to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme ("the current provider") and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESL's responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application.

TRANSFERS IN. 5.1 With the agreement of ESL, you can transfer benefits from another registered pension scheme to your plan. You will not be able to transfer any defined benefits arrangements to your plan. 5.2 Subject to section 8.4, if you became entitled to drawdown pension on the death of a member under another registered pension scheme you can apply to transfer the entitlement into your plan for the purpose of continuation of drawdown pension. If ESL accepts the application you will be treated as a beneficiary. 5.3 You are responsible for ensuring that a transfer of benefits is in your best interests. Neither ESL nor the trustee provides advice and ESL's acceptance of any transfer is in no way an endorsement of the suitability for you of the transfer. 5.4 Transfers-in must be made by cash payment by direct credit and in sterling. Transfer Declaration 5.5 When making a transfer to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme (“the current provider”) and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you to release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESLʼs ESL’s responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application. 5.6 When making a transfer of benefits that have already been designated for the payment of a drawdown pension to the Moneyfarm Pension, you are required to make the following declarations to the provider of the transferring scheme ("the current provider") and, where the context requires, to ESL: • I authorise and instruct you to transfer funds from the plan(s) as listed in my online application directly to ESL. Where you have asked me to give you any original policy document(s) in return for the transfer of funds and I am unable to do so, I promise that I will be responsible for any losses and/or expenses which are the result, and which a reasonable person would consider to be the probable result, of any untrue, misleading or inaccurate information deliberately or carelessly given by me, or on my behalf, either in this form or with respect to benefits from the plan. • I authorise you to release all necessary information to ESL to enable the transfer of funds to ESL. • I authorise you to obtain from and release to any financial intermediary named in this application any additional information that may be required to enable the transfer of funds. • If an employer is paying contributions to any of the plans as listed in my online application, I authorise you to release to that employer any relevant information in connection with the transfer of funds from the relevant plan(s). • Until this application is accepted and complete, ESL's responsibility is limited to the return of the total payment(s) to the current provider(s). • Where the payment(s) made to ESL represent(s) all of the funds under the plan(s) listed in my online application, then payment made as requested will mean that I shall no longer be entitled to receive pension or other benefits from the plan(s) listed. • Where the payment(s) made to ESL represent(s) part of the funds under the plan(s) listed in my online application, then payment made as instructed will mean that I shall no longer be entitled to receive pension or other benefits from that part of the plan(s) represented by the payment(s). • I promise to accept responsibility in respect of any claims, losses and expenses that ESL and the current provider(s) may incur as a result of any incorrect information provided by me in this application or of any failure on my part to comply with any aspect of this application.