30 May 2024
Nominations are an essential part of your benefits, and it’s important to keep them as up-to-date as they can be so that the Trustee can take your wishes into account when exercising its discretion on who should receive the benefits payable. It’s not something we like to think about but having the peace of mind that you’ve had your say on this very important matter is invaluable. Plus it’s so quick and easy to do online.
It takes just four simple steps to complete your Nominations form. Here's how:
Once you’ve logged in, hover over ‘My details’ in your home page menu and select ‘My nominations’ from the list. You can also scroll down to ‘My nominations’ and click ‘Update my nominations.’ On the ‘My nominations’ page, click the button that says ‘Add Nomination’.
In this section, you state the person (people, or organisation) you wish to benefit. You need the following details about them:
For the '% of lump sum' field, you choose the percentage of your lump sum benefits you would like to go to that person, people or organisation. The percentage of the total must add up to 100%.
There is now a declaration that you should read and then you should click 'Preview'.
You can now review your Nominations. If you want to change anything, click 'Edit Details'. Otherwise, click 'Submit'.
If you wish to keep a paper copy, you can print these details.
If your personal circumstances change after you have completed your Nominations, you can change your choice at any time. Go to 'My nominations' and click 'Update nominations' in your online account.