To open a death benefit pension account on behalf of your client you’ll need to create an account-based pension and contact us to convert it to a death benefit pension. This must be done before any funds are applied to the account.
To convert the new account, you’ll have to provide the following information and documents. This is to ensure that it is compliant and created correctly. We’ll require:
- Tax File Number of the deceased
- date of death
- date of birth of deceased
- name of deceased
- the rollover from an existing death benefit pension
- a death benefit rollover benefit statement for any rollovers received.
You can view further requirements of opening a new pension account in the Open a Pension account for your client article.