OPTIONS FOR APRIL 2015 & BEYOND
 
Return to What Death Benefits am I entitled to? I have a Managed Pension Plan
 
Death benefits to be deferred indefinitely Plan to continue to spouses or dependant Death benefits to be paid out
A spouse or a dependant can transfer the full fund to another company that may allow the plan to continue on the spouse or dependant's death. If you were to die before you take your savings, the plan can be taken on by your spouse or dependant. They can continue to take income from the plan. Any income will be taxed using the a tax code provided by HMRC. If you were to die before you take your savings, we will pay out the full fund value as at the date of death. The death benefits are paid at Equitable's discretion. We will take into account any people you have nominated. The payment will fall outside of your estate for inheritance tax purposes.
 
Click here to download a form if you would like make/change a nominated beneficiary