MetLife ISA Portfolio
Fund Switch / Investment Choice
Change Form
Beacon House,
27 Clarendon Road,
Belfast BT1 3BG
0800 022 3131
www.metlife.co.uk
Before you start
This form can be used to switch between investment funds in your MetLife ISA Portfolio. It can also be used to change your
Investment Choice where you have Secure Income Investments using Active Asset Allocation.
It is essential that you complete all the relevant sections of this form.
Switches/changes will be processed at the applicable unit price for the Investment Fund concerned. If this form is received,
correctly completed, before midday, the switch/change will normally take place on the next working day following receipt.
We normally do not charge for switches/changes, but reserve the right to make a charge if more than 12 are made during a
calendar year.
All switches/changes will be undertaken in accordance with the applicable MetLife ISA Portfolio (UK) Terms and Conditions.
Please note that MetLife reserves the right to defer switches in the event of difficulty in realising the underlying assets.
Switch restrictions may apply. Please refer to your policy terms and conditions. MetLife also reserves the right not to process a
switch request where it believes the option you wish to switch into is significantly different to your original investment for which
you received financial advice.
Please note that references to MetLife throughout this form refer to MetLife Europe d.a.c. When you have completed this form,
please return it to the address above.
1 About you
Applicant details
Name of Trust / Company (if applicable)Policy no.
First Policy Holder / Trustee / Director / Company Secretary (delete as applicable)
Title
Mr
Mrs
Miss
Ms
Other - please specify
First name(s)Surname
Second Policy Holder / Trustee / Director / Company Secretary (delete as applicable)
Title
Mr
Mrs
Miss
Ms
Other - please specify
First name(s)Surname
MetLife ISA Portfolio
Fund Switch / Investment Choice Change Form
VERSION 1927.04 SEP 2016
Page 1 of 6
About you continued...
Third Trustee / Director / Company Secretary (delete as applicable)
Title
Mr
Mrs
Miss
Ms
Other - please specify
First name(s)Surname
Fourth Trustee / Director / Company Secretary (delete as applicable)
Title
Mr
Mrs
Miss
Ms
Other - please specify
First name(s)Surname
2 What would you like to do?
Change Investment Choice - complete Sections 3 and 6
(Please note that this option is only available if you are invested in the Secure Income Option through Active Asset Allocation).
Fund switch - complete Sections 4 and 6
3 Change of Investment Choice
Your guarantee terms such as your Secure Income Base and Guaranteed Income Percentage(s) will remain the same but the
guarantee charge will change in line with your new selection. Note that it is only possible to select investment choices that
were available at the time you selected your investment choice in 3.1.
3.1
From - Please indicate below the investment you hold in the Secure Income Option through Active Asset Allocation for which
you wish to change the maximum Growth Asset Allocation, and the amount or percentage of it that you wish the change to
apply to. You must use whole percentages or amounts, not fractions. You’ll find the detail that you need in your Policy Schedule.
Investment Choice to change from
e.g. 35% GA
3.2
Guarantee ref
%
e.g. SIO 1
100%
To - Please indicate below the investment choice(s) and the percentage(s) or amount(s) that you would like to select. You must
use whole percentages or amounts, not fractions.
Investment choice required
%
e.g. 35% GA
MetLife ISA Portfolio
Fund Switch / Investment Choice Change Form
100%
VERSION 1927.04 SEP 2016
Page 2 of 6
4 Fund switch
If you switch from the Secure Income Option, you will lose the guaranteed benefits associated with these investments. If you
subsequently switch back into the Secure Income Option your guaranteed benefits will be based on your age and the amount
that you switch into the option at that time.
If you switch from the Secure Capital Option, you will lose the guaranteed benefits associated with this investment. If you
subsequently switch back into the Secure Capital Option your guarantee benefits will be based on the amount that you switch
into the option and the guarantee term you select at that time.
4.1 Switch From - Please state the Investment Fund(s) and the percentage or amount in each to be switched. You must use whole
percentages or amounts, not fractions. You’ll find the detail that you need in your Policy Schedule.
Investment Funds to switch from
Guarantee ref
%
£
TOTAL
4.2
Switch to - Please indicate below which investment funds you would like to switch the monies identified in 4.1 into and in what
proportions. Further details of the available investment funds can be found in the MetLife Fund List.
All investments must be in whole percentages. The minimum investment in the Secure Income Option or Secure Capital Option
is £5,000 per investment fund.
Guaranteed investments
Secure Capital Option - through MetLife’s Active Asset Allocation
Please indicate the maximum percentage of your investment
in the Secure Capital Option that you would like to be
invested in the Growth Asset.
SCO maturity date / term
%
£
%
£
%
£
25%
35%
50%
Secure Income Option - through MetLife’s Active Asset Allocation
Please indicate the maximum percentage of your investment
in the Secure Income Option that you would like to be
invested in the Growth Asset.
25%
35%
Other investments
Other Portfolios (non guaranteed)
MetLife BlackRock Sterling Liquidity Fund
TOTAL (Must add up to 100%)
MetLife ISA Portfolio
Fund Switch / Investment Choice Change Form
100%
VERSION 1927.04 SEP 2016
Page 3 of 6
5 Important information about switching your investments
Please read the important information below and complete the declaration in section 6 to confirm your acceptance of the terms
and conditions applicable to investments you are switching into.
Our terms and conditions vary from time to time. Your Financial Adviser will have explained the current MetLife
terms and conditions for these investments to you and will have provided you with a copy of these as well as copies of the
relevant product literature.
It is important that you read these documents carefully and keep them in a safe place for future reference.
Which terms and conditions will apply to my investments?
• Any investments detailed in section 3 will continue to be governed by the terms and conditions provided to you at the time
of those investments (as amended from time to time).
• The new investments you are switching into as detailed in section 5 will be governed by the terms and conditions provided
to you in connection with this switch request.
Switching with the Secure Income or Capital Options through Active Asset Allocation
Ongoing Adviser Charges that applied to these investments prior to switching into the Secure Income Option or
Secure Capital Option will continue to apply and will proportionally reduce the guaranteed benefits these options provide.
Here is an example:
• Your Financial Adviser receives an Ongoing Adviser Charge of 0.50% of your fund value each year for the
services provided to you, and you instruct MetLife to make this payment monthly.
• On the date the first instalment of Ongoing Adviser Charge is due, after you have switched into the Secure
Income Option or the Secure Capital Option, your fund value is £120,000 and your guarantee base is £125,000.
• MetLife would cancel units across your investments and make a payment to your adviser of £50 (this being a twelfth of
0.5% per annum applied to your fund value).
• Following the payment of £50, your new fund value would be £119,950.
• Your guarantee base would reduce in proportion to the amount of the payment. Following the payment of £50, your
guarantee base would be £124,947.92 (a twelfth of the 0.50% reduction).
• Any future guaranteed benefits you receive would be based on this new guarantee base. The frequency with which you
request MetLife make these payments will dictate how often during a year your relevant guarantee base and benefits
are recalculated.
If the client switches out of the Secure Income Option then Guaranteed Minimum Income will cease.
MetLife ISA Portfolio
Fund Switch / Investment Choice Change Form
VERSION 1927.04 SEP 2016
Page 4 of 6
6 Declaration
I declare to the best of our knowledge and belief, that all of the information provided in this form is true, accurate and complete.
By submitting this form I request that MetLife carry out my instructions on the terms described in this Fund Switch/
Investment Choice Change Form.
I have read and understood the terms and conditions and relevant product literature provided to me in relation to this
request and I hereby confirm and accept that my new investments identified in section 4 of this form will be subject to the
relevant terms and conditions provided to me.
Policy Holder Signature
Date
D
D
M
M
Y
Y
Y
Y
7 Financial Adviser Declaration
The Financial Adviser must complete this declaration if you have not previously invested in the Secure Income Option and/or
Secure Capital Option through Active Asset Allocation.
I confirm that I have provided advice in relation to this form and that I will act as adviser to this Policy. I have provided a copy of
the relevant terms and conditions and Key Features Document in relation to this form.
I confirm I will take any and all reasonable steps to ensure that the client is the instigator of any request, especially for payment
from the plan. MetLife will not indemnify me against any fraudulent claims as a result of any failure in my controls.
Financial Adviser NameFinancial Adviser Signature
Date
D
D
M
M
Y
Y
Y
Y
8 Where to send this form
Once you have checked this form and the supporting documents, please send it with your attachments to:
MetLife,
Beacon House,
27 Clarendon Road,
Belfast BT1 3BG.
MetLife ISA Portfolio
Fund Switch / Investment Choice Change Form
VERSION 1927.04 SEP 2016
Page 5 of 6
MetLife Sales Desk
(Pre-sale information for Financial Advisers)
One Canada Square, London E14 5AA
Tel: 0800 022 3131 Email: salesresource@metlife.com
MetLife Customer Service Centre
(Post-sale information for Financial Advisers and policy holders).
Beacon House, 27 Clarendon Road, Belfast BT1 3BG
Tel: 0800 022 4443 Email: customerservice@metlife.co.uk
Products and services are offered by MetLife Europe d.a.c. which is an affiliate of MetLife, Inc. and operates under the “MetLife” brand.
MetLife Europe d.a.c. is a private company limited by shares and is registered in Ireland under company number 415123. Registered office at 20 on Hatch, Lower Hatch
Street, Dublin 2, Ireland. UK branch office at One Canada Square, Canary Wharf, London E14 5AA. Branch registration number: BR008866.MetLife Europe d.a.c. (trading
as MetLife) is authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority (FCA) and Prudential Regulation Authority
(PRA). Details about the extent of our regulation by the FCA and PRA are available from us on request. www.metlife.co.uk
WM16 00 423 l 1927.04 SEP 2016