Expression of Wishes form
The Scheme is set up under a discretionary trust. In the event that a lump sum benefit is payable following the death of a member, the Trustee will use its discretion to decide which beneficiaries receive the lump sum death benefit.
This typically means that it will be exempt from inheritance tax. When deciding the beneficiaries, the Trustee will consider the member’s wishes. It is therefore important to keep your Expression of Wishes information up to date to notify the Trustee who you would like to receive any lump sum death benefits.
An Expression of Wishes form is available here, which you should complete and return to Barnett Waddingham using Pension Self-Service.
Scheme documents
The Statement of Investment Principles (SIPs) explains how the Trustee invests the Scheme’s assets.
Arcadia Group Pension Scheme SIP
The Implementation Statement (IS) describes the voting and engagement behaviour of the Trustee.
The Privacy Notice provides details of how the Trustee uses your personal data.
Following the buy-in with Aviva, we have also provided a link to the Aviva Privacy Policy.
The Internal Dispute Resolution Procedure (IDRP) provides details of how members can raise a formal complaint with the Scheme.
Information on pension scams:
- pension scams leaflet
- Government tools and information are available on the Stop! Think Fraud website, including how to spot fraud.
- Members can check whether a firm or individual is authorised to give financial advice on the FCA website.
Other useful Information
Please see below for links to useful information.
(links open in new windows)
The Money and Pensions Service (MaPS) is an arm’s-length body sponsored by the Department for Work and Pensions, established at the beginning of 2019, and also engages with HM Treasury on policy matters relating to financial capability and debt advice.
The Pensions Regulator is the UK regulator of workplace pension schemes.
The Financial Conduct Authority regulates the conduct of nearly 45,000 businesses in the UK to ensure that financial markets work well.
The Pensions Ombudsman is an independent organisation set up by law to investigate complaints or disputes about pension schemes