Tell us
about you

Choose how much
to contribute

I’d like to make the following extra contribution to the DC Plan from my annual bonus:

£

of my annual bonus (if your annual bonus is less than the amount you insert, we'll let you know)

or
%

of my annual bonus

Tell us how to invest
your extra contribution

We’ll invest your extra contribution in the same way as your core contributions. If you’d like to invest it differently, please tick the box below and tell us whether you’d like to invest your extra contribution in the same way as any other one-off extra contributions you’ve paid (including any extra contributions you’ve made from previous annual bonuses) or differently.

Choose your investment approach
for your extra contribution

I’d like to invest my extra contribution using the following approach:

A pre-packaged approach that lets you choose from a range of pre-selected investment options.

If you’ve previously made one-off extra contributions (including using your annual bonus) and are investing them through the Guided approach, all your one-off extra contributions must be invested in the same Guided approach. So, if you choose a different Guided approach in this form, your new investment instructions will apply to your existing one-off savings as well.

or

A pick-your-own approach that lets you choose how to invest your ITV DC savings from the funds available.

Have a play

If you could use some help thinking about your choices, try our Investment Helper.

Now choose the Guided option
you want to invest in

The Guided approach invests your savings in 2 phases: a Growth phase and a Synchronise phase. There are several options for each phase offers so you can choose the combination that suits you.

2

Choose your SYNCHRONISE phase

reflects how you may want to access your DC savings

1

Choose your GROWTH phase

determines how your DC savings are invested when your priority is to grow your savings

One-off cash (Focused)
One-off cash (Diversified)
One-off cash (Phased)
Multiple cash (Focused)
Multiple cash (Diversified)
Multiple cash (Phased)
Flexible access (Focused)
Flexible access (Diversified)
Flexible access (Phased)
Flexible access (longer term) (Focused)
Flexible access (longer term) (Phased)
Annuity (Focused)
Annuity (Diversified)
Annuity (Phased)

Now choose the
customised funds you want to invest in

Insert the percentage(s) in whole numbers by each of your chosen funds:

Your total must add up to 100%

% you’d like to invest

Total

Now choose your
target retirement date

Choose any age (to be used for your target retirement date) between your 57th and 75th birthdays (55th and 75th until 2028)

Your target retirement date triggers when your DC savings start to invest in less risky funds. Think of it as a countdown to accessing your savings – although you don’t have to access your savings from this age and can change it at any time.

Your target retirement date helps us know when to get in touch with you about things like your retirement pack – you don’t have to access your savings from this age and can change it at any time.

You can have one DC Plan target retirement date only, so your choice will apply to all your DC savings.

YOUR
agreement

  • I authorise ITV to carry out my instructions as set out in this form and understand that my extra contribution will be deducted from my pay in March.
  • I confirm that I understand how salary sacrifice works and that I’ll make this extra contribution automatically through salary sacrifice unless I request and return a Salary sacrifice withdrawal form within a month of requesting to make the extra contribution.
  • If I make the extra contribution through salary sacrifice I give up my entitlement, with effect from the date of my application, to the amount of bonus equal to my extra contribution. In return, my employer agrees to pay an extra contribution to the ITV Defined Contribution Plan (the DC Plan), for my benefit, of that amount. If I’ve decided not to participate through salary sacrifice by returning a Salary sacrifice withdrawal form, I authorise ITV to deduct the contribution from my bonus.
  • I confirm that I’ve read the information in Deep dive into investments: DC Plan investment guide.
  • I understand that under the DC Plan Rules, the total contributions paid into the DC Plan each tax year are limited to the Annual Allowance, which is an HMRC limit on the amount of savings I can build up tax efficiently in any tax year. As I’m not able to contribute to the DC Plan above my Annual Allowance without ITV’s consent, I understand that I may not be able to contribute as much as I’ve chosen to contribute on this form if it results in me exceeding my Annual Allowance. ITV Pensions will contact me if this is the case.
  • I confirm that if I take any retirement savings as cash (other than the 25% tax-free cash) or through flexible access/drawdown, or I exceed the income limit for capped drawdown, I’ll have a reduced Annual Allowance of £10,000 each tax year for future contributions paid to defined contribution arrangements. If I access benefits in this way I will let ITV Pensions know within 91 days of accessing my benefits that the reduced Annual Allowance applies.

About the information you provide

  • I understand the Trustees of the ITV DC Plan hold personal data which I’ve provided to them. They need this to be able to administer my benefits under the DC Plan.
  • The Trustees, who are data controllers for data protection purposes, are required to look after my personal data in line with legal requirements. This means the Trustees are responsible for deciding what personal information needs to be processed and the way in which the information is processed.
  • In processing my personal data, the Trustees may need to pass personal information about me, my dependants and other members and beneficiaries to the DC Plans’ administrators, auditors, legal advisers, insurers or other occupational pension schemes and their advisers with a view to securing benefits or making or receiving a transfer of benefits, and the ITV group of companies and such third parties as may be necessary for the purpose of administering DC Plan.

Where to find out more: Full details of the personal data the Trustees hold, how they use that information and who they share it with are set out in the Trustees’ privacy notice. The privacy notice also sets out your rights about the personal data held about you by the Trustees and who to contact if you want to exercise those rights, make a complaint or generally have any questions.

The privacy notice is updated from time to time in accordance with future developments in data protection legislation and DC Plan practice. You can see the current version of the privacy notice at www.itvdcplan.com/privacy-notice. If you’d prefer to receive a hard copy of the privacy notice, please call ITV Pensions on 01772 884 488 or email enquiries@itv-pensions.com.

You’re responsible for keeping the Trustees up to date with your personal information, including your marital status, contact and, where necessary, bank details. Without this information, there may be delays in paying benefits to you or your dependants.

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