If you die while an active member of the Scheme, your employer will notify the pension team who will start the process of paying any death benefits. The process is set out below.
You can nominate who you wish to receive the tax-free lump sum death benefit by quickly and easily updating your nomination details online at BWebstream.
If you’re not married, you can nominate someone who is financially dependent or interdependent on you to receive the dependant’s pension. This can be done quickly and easily online.
In both cases, this will update your records immediately, and you can log in and review or change your nominations at any time.
Both forms are available to download from the Documents page. Please complete and return to the address provided.
Any death benefits have previously been subject to the Lifetime Allowance although changes to Tax allowances were introduced from April 2023.
Please note that a dependant’s pension is paid if certain criteria are met; completion of the form does not guarantee a dependant’s pension can be paid.