Regulation 95 Nominations for lump sum death benefitsI1

United Kingdom

(1)

A member of this scheme may nominate a person or persons to receive a lump sum death benefit.

(2)

The member may nominate—

(a)

one or more individuals;

(b)

one incorporated or unincorporated body; or

(c)

one or more individuals and one incorporated or unincorporated body.

(3)

A nomination may specify how payments are to be apportioned between—

(a)

two or more individuals; or

(b)

one or more individuals and one incorporated or unincorporated body.

(4)

A nomination may only be made by notice to the scheme manager in a form required by the scheme manager.

(5)

A member may revoke or alter a nomination by notice to the scheme manager in a form required by the scheme manager.

Annotations