What happens to my SIPP if I die?

If you die, your SIPP benefits will be paid to your beneficiaries – either as a lump sum or an ongoing pension. You’ll need to complete a nomination form declaring who you want the payments to go to. These are paid at the discretion of AJ Bell Management Limited, the Scheme Administrator of your SIPP.

The tax treatment of any death benefits paid from your SIPP will depend on your circumstances. You can find out more about SIPPs and death here