Can I change the beneficiaries of my pension plan?
Yes, you have the flexibility to change the beneficiaries of your pension plan with Scottish Widows. If you wish to update the beneficiaries, you can do so by contacting us directly either online or by phone. We will require your updated information and documentation to make the necessary amendments. It is important to review and update your beneficiaries regularly to ensure your pension plan aligns with your current wishes. By keeping your beneficiaries current, you can have peace of mind knowing that your pension benefits will be distributed according to your preferences. Please note that any changes made may be subject to legal and tax regulations, so it is advised to seek professional advice if needed.
Answered May 3, 2024
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