Pension Beneficiaries

Have you thought about what will happen to your pension when you pass away?

Did you know that any remaining funds in your pension pot can be used to provide benefits for the causes that you care about.

What you need to do

Even before you start claiming your private/workplace pension pot you should nominate a beneficiary.  You pension provider will be able to help you with this.

Most private and workplace pension schemes ask you to choose who you want to leave your pension to. This is called nominating a beneficiary. To nominate your beneficiaries you may need to fill in what’s called either:

a) Expression of Wish or

b) Nomination form.

You will need the following details:

    1. Charity Name – Ridgeback Rescue
    2. Charity Number – 1146704

It’s important to keep this information up to date.

Pension death benefits can be passed to your beneficiary in a number of ways: Lump sum payment: This is a single payment which will fully extinguish the pension fund. Lifetime annuity: Your beneficiary can choose to buy an annuity which provides a guaranteed income for life.


More than one beneficiary ?

You can nominate more than one beneficiary. For instance, if you want two people/charities to get half of it each, or if you’d like one person/charity to get a quarter and another person/charity to get the other three quarters.

For further information in the first instance please contact your pension provider and they will help you.  

Need further help via Government Websites: