Once a PEP/ISA transfer form has been completed and returned to us the following steps will take place. No further action is required by you or your client, we at Allianz Global Investors have made it simple for you and we will take care of all the arrangements.
| 1) | | Allianz Global Investors administrators will acknowledge receipt of the transfer form by letter to both you and your client. |
| 2) | | Allianz Global Investors administrators will contact your client's current PEP or ISA manager(s) for details of their investment. |
| 3) | | Your client's existing PEP or ISA manager will sell holdings on appropriate dealing day and transfer cash proceeds on appropriate settlement day to Allianz Global Investors. |
| 4) | | Confirmation of plan closure issued by the former PEP or ISA manager and acknowledgement of funds received by Allianz Global Investors. |
| 5) | | On receipt of dealing proceeds from the former PEP or ISA manager, Allianz Global Investors will purchase shares in your client's chosen investment fund(s) or investment trust(s) less any charges (and commission, if any, that may have been agreed with you) taken out. |
| 6) | | A contract note confirming purchase details will be sent to both you and your client by Allianz Global Investors. |
| 7) | | Any residual cash will be invested as and when it is received from your client's former PEP or ISA manager. |
