All cash sums paid on death are distributed by the Trustee for the benefit of your dependants and beneficiaries. The Trustee has discretion over who will receive these cash sums and, although they will take account of your wishes, they are not legally bound by them. This is so that inheritance tax liability is minimised.
You are free to change your nomination at any time. To do this please download the form below, complete it and return it to Group Pensions.