Can I change the beneficiaries of my pension plan?

Yes, you can change the beneficiaries of your pension plan with Scottish Widows. It is an important aspect of maintaining your pension and ensuring that your wishes are followed in the event of your passing. Typically, you will need to complete a specific form or submit a request to officially designate new beneficiaries. The process may vary depending on the type of pension plan you have, so it is advisable to check the relevant policy documentation or the specific procedures outlined on their official website. When considering changes, it is also essential to have clear documentation and communication with the new beneficiaries to ensure they understand their roles and what to expect. Additionally, it is wise to review your beneficiaries periodically, especially after significant life events such as marriage, divorce, or the birth of a child, to ensure that your plan accurately reflects your current wishes. For the most current information on the steps required to change beneficiaries and any associated forms, please refer to the appropriate section of the Scottish Widows website.