Do you know who will inherit your pension when you die? Sackers comments.
Tom Jackman comments on how there were many cases where the pension saver had not updated their form for years, leading to a dispute over death benefits.
“There are plenty of cases involving a huge pot of money where the potential recipients hate each other” he said. “For example, competing ex-spouses – perhaps the pension scheme member had been divorced a couple of times but was not married at the time of death. Who should get the money?”
Read the full article in The Sunday Times (free subscription required).