RPS members can now request a guaranteed transfer out quote (CETV) online.
Anyone who wants to transfer out of the Scheme, will likely need a guaranteed transfer out quote before they can do so. This is also known as a cash-equivalent transfer value (CETV).
While a transfer isn’t something that should be taken lightly, we appreciate that members who do decide to transfer out, want the process to be as simple as possible. With that in mind, most RPS members can now request a CETV online.
If you have a member who wants to know more, please direct them to the news story on the member website. It explains:
how to request a CETV online
when to request a CETV online (and when not to)
what happens once you request a CETV
Read the member news story on requesting a CETV online.
We also strongly recommend members get a transfer out estimate first. This will show the forecasted value of their pension if they choose to transfer it elsewhere. Members can request as many estimates as they need for free.
On the other hand members can only request one CETV free of charge in any 12 month period, so it’s really important they consider this carefully before going ahead.
If members are making AVCs they will need to stop them before we can provide a CETV.
You can find more information about transfers using the following links: