Overview
In this section we cover the benefits that may be payable after you die. Different benefits are payable, depending on your personal circumstances. The benefits could take the form of:
- A pension to one or more of your loved-ones;
- A one-off cash sum; or
- Both.
Whilst the actual level of benefits paid are defined in the Plan rules, who receives these benefits is normally a matter for the Trustee to decide. The Trustee will always want to take your wishes into account when deciding who should receive any benefits payable. To see how you keep the Trustee informed of your wishes please refer to the ‘My Expression of Wish’ section below.