If you’ve built up significant pension savings over your lifetime, it’s important to consider how this wealth will be passed on to your loved ones when you die.
Here, we explain what happens to capital held in personal and workplace pensions on death. Remember that to be certain your pension savings will go to who you want them too, you will usually have to nominate your beneficiaries on a form which your pension provider can give you. Passing on retirement savings
There are several factors which determine what happens to your retirement savings when you die. Your age at death […]
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