I have already asked you to transfer my pension scheme from a company which has now introduced a charge on policy transfers and surrenders. What happens next?

We will send you a letter to agree on what to do. You can choose between the following options:

• The transfer should not be made now because the scheme is covered by the charge on policy transfers and surrenders. You give Velliv permission to transfer the value of the scheme if the charge on policy transfers and surrenders is removed within 36 months.
• The transfer should not be made because the scheme is covered by the charge on policy transfers and surrenders.
• The transfer should be made now although the scheme is covered by the charge on policy transfers and surrenders.
• The transfer should be made now because the scheme is not covered by the charge on policy transfers and surrenders.