Connect closure - What are the key dates?

  • 13th March 2023 – After this date, we will not accept any new requests to set up accounts, add monies to an existing account or transfer in from another provider. Any transactions in progress will be permitted to finalise. We will continue to collect regular payments until we receive a transfer away or encashment request. We will continue to accept transfer away requests from new providers until 31st May 2023
  • 28th April 2023 – If regular payments are being collected, these will be cancelled on this date
  • 31st May 2023 – After this date, we will not accept any more transfer away requests from new providers.
  • 5th June 2023 – This will be the valuation date for all remaining accounts to be encashed by Premier Miton and proceeds paid to verified nominated bank or building society accounts. The payments are made by BACS so can take up to 4 days to show in accounts. If there are transfer aways in progress, we will not encash the holding and we will permit the transfer to complete.
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