Multiple beneficiaries: nominated individuals only
This section has no associated Policy Notes
8.—(1) Where—
(a)two or more adults (the “nominated adults”) are beneficiaries of a lump sum death benefit, and
(b)none of the following are beneficiaries—
(i)a surviving adult, or
(ii)an eligible child (whether or not an adult),
the eligible decision-maker is determined in accordance with sub-paragraph (2).
(2) The eligible decision-maker is—
(a)M’s personal representative;
(b)where M has no personal representative, the person agreed upon by the nominated adults;
(c)where—
(i)M has no personal representative, and
(ii)no decision about whether to make an election has been received by the scheme manager by the day four weeks before an election must, in accordance with these Regulations, be received by the scheme manager,
the scheme manager.