What happens to my SIPP if I die?

If you die, your SIPP will provide payments 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.

How these payments to your beneficiaries are taxed will depend on your circumstances. Find out more about SIPPs and death.