We are very pleased to confirm that the transfer of pension pots from the CSC Money Purchase Section of the DXC Pension Plan (the “Plan”) to the DC Tier of the DXC Section of the DXC UK Pension Scheme (the “new Scheme”) is now complete.
The Trustee, DXC, the new Scheme Trustee and Standard Life designed the transfer to ensure that no member’s pension pot will reduce during the transfer. That means that your pension pot value in the Plan when transferred was the same value at Day 1 in the new Scheme. Standard Life also covered all transaction costs and fees associated with the transfer that members would otherwise have incurred.
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