Protection for your Dependants

Tools & modellers

Start modelling retirement benefits, tax and life expectancy now

In the event of your death, the value of your Personal Account as at the date of death will be paid to your dependants or nominated beneficiaries by the Trustees at their discretion.

Any tax deducted will depend upon your age at death:

If you die before age 75

The cash will be paid as one or more tax-free lump sums.

If you die after age 75

The cash would be taxed at your beneficiary’s marginal rate of income tax .

Nomination of Beneficiary Form

To help the Trustees know who you would like to receive the value of your savings on your death, it is important to nominate your beneficiaries. You can do this by logging in to your online account and going to the Personal Details section.

Alternatively, you can download, complete and return a paper form.