On death before age 75, generally no tax will be payable.*

On death after age 75, or the benefits are not paid out within two years of the provider receiving notification of the death, any payments may be subject to a tax charge of up to 45%.

* The Lifetime Allowance will still apply which is currently £1m (though this may be higher in certain circumstances).


If you are a member of a pension plan administered by BlackRock, then please contact us at

0345 601 7720