Pension Death Benefits :  NEST

I have only recently been told that the death benefits under NEST should have Nominations for Death Benefits added, as the fund otherwise would go to the member’s estate, where it could be subject to taxation.

As NEST pensions are the preferred pension for many employee schemes it would be helpful if you let any members of the family or friends  know.  It’s a simple matter to obtain a Nomination form directly from NEST

For those friends or family who are in employee schemes or have retained benefits, it is advisable for them to check the Scheme Rules.