There's been lots of discussion in the market recently about which providers can offer dependant, nominee and successor flexi-access drawdown options.
We can confirm that Royal London offer these on all Pension Portfolio plans, including Income Release plans, set up from 17 December 2007. This includes plans where the dependant, nominee or successor is under age 55.
These options are not currently available on other Royal London pension plans.
We strongly recommend that clients regularly review who they want to benefit from their plan in the event of their death and that they use our Payment of benefits on death form to keep us up to date with their current wishes.