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What is a nominated beneficiary?

A nominated beneficiary is your chosen recipient of this lump sum in the event of your death. So, if you die before taking your pension, the lump sum can be given to the person, people or organisations you care about most.

Does UK State Pension transfer on death?

Inheriting extra State Pension or a lump sum You may inherit part of or all of your partner's extra State Pension or lump sum if: they died while they were deferring their State Pension (before claiming) or they had started claiming it after deferring. they reached State Pension age before 6 April 2016.

What are super beneficiary nominations?

Put simply, a binding death benefit nomination is a legally binding nomination that allows you to advise the trustee who is to receive your superannuation benefit in the event of your death. In order for a nomination to be binding, it must be 'valid'.

How many funds does the Aviva platform have?

Client suitability The Core option offers access to over 150 insured funds managed by Aviva Investors and other fund managers. It has a fund range similar to that of an individual personal pension and could be right for: clients with straightforward investment needs.

Can you inherit pension?

You can nominate whoever you want to receive your pension fund when you die. However, it's generally up to the discretion of the provider or trustees who look after the pension as to who it's paid to. If you've completed an Expression of Wish/Nomination form, they'll take this into account.

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How many funds are in a SIPP?

If you invest in funds, aim to hold about 10 to 15 at most. Small portfolios should have fewer. A fund is not one investment, it is a basket of holdings and is likely to have at least 30 or more holdings \u2013 in some cases hundreds.

What do Aviva Investors do?

We are a global asset manager that combines our insurance heritage, investment capabilities and sustainability expertise to deliver wealth and retirement outcomes that matter most to investors.

Is a nominee the same as a beneficiary?

A nominee is a person who holds the property of the deceased until he has to distribute this property to the legal heirs. In a life insurance policy, the beneficiary is an individual you have to nominate to receive the policy proceeds after an unfortunate incident occurs.

What is an Aviva Investment Bond?

What is Aviva Investment Bond? Aviva Investment Bond gives you a straightforward way to invest a lump sum to help you achieve your medium and long-term financial goals. Aviva Investment Bond is a unit linked life insurance investment policy. This means your lump sum is used to buy units in our range of funds.

How many funds does the Aviva platform have?

Client suitability The Core option offers access to over 150 insured funds managed by Aviva Investors and other fund managers. It has a fund range similar to that of an individual personal pension and could be right for: clients with straightforward investment needs.

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See more aviva beneficiary form versions

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Got questions?

What is a nominated beneficiary?

Does UK State Pension transfer on death?

What are super beneficiary nominations?

How many funds does the Aviva platform have?

Can you inherit pension?

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People also ask

How many funds are in a SIPP?

What do Aviva Investors do?

Is a nominee the same as a beneficiary?

What is an Aviva Investment Bond?

How many funds does the Aviva platform have?

aviva expression of wishes form

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