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Important information for Scottish Widows Bond, Endowment and Protection customers. We're making changes to the ways our customers can access their policies online. This means our CS Online service will no longer be available from 13th August 2022 for Scottish Widows Bond, Endowment and Protection customers.
You can speak to one of our consultants by calling 0345 716 6777. Our opening hours are: Mon to Fri 9am to 5pm. Please make sure you have your plan number to hand.
You can withdraw funds from your PIP by either requesting a regular payment or a one off lump sum. If you choose to withdraw more than your 5% tax deferred allowance per year there may be tax to pay.
You can withdraw funds from your PIP by either requesting a regular payment or a one off lump sum. If you choose to withdraw more than your 5% tax deferred allowance per year there may be tax to pay.
Usually, your pension contributions will remain in the pot until you are eligible to access them, usually around retirement age. However, in some cases, you may be able to request a refund of the contributions you've paid in.
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People also ask

You need to ask the pension provider for an opt out form so you can opt out of auto enrolment. Your employer must give you the contact details for the pension provider if you ask for them. You need to complete and sign the pension scheme opt out form, and return it to your employer (or the address given on the form).
A defined contribution pension could be private (set up by yourself) or provided by your employer. This pension is made up of contributions from you, your employer (if applicable) and tax relief from the Government. This can then be used to fund your retirement plans and provides flexibility on how you use the money.
Scottish Widows was demutualised and became part of the Lloyds TSB Marketing Group in March 2000. In January 2009, Scottish Widows became part of the Lloyds Banking Group.
Higher risk investments are likely to fluctuate more in value over time - they may swing from being higher in value, to lower in value, more often. Choosing a low risk investment means that your money is likely to fluctuate by smaller degrees but you are less likely to see higher growth.
You can withdraw funds from your PIP by either requesting a regular payment or a one off lump sum. If you choose to withdraw more than your 5% tax deferred allowance per year there may be tax to pay.

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