What happens if I die before I start taking my retirement benefits?
Your plan can provide support to your beneficiary(s) in the following ways:
- The value of your plan will be paid as a tax-free lump sum, normally to the person or people you nominated when your plan was set up.
- If extra life cover has been added to your plan, the appropriate amount will be paid out as well.
- You can tell us who would like to receive your benefits if you die by completing the nomination of beneficiaries form included in your plan documentation.