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Am I going to be okay? Take Retirement Test

Are my family going to be okay? Take Estate Planning Test

Dominic Browning, Managing Director — Posted by Dominic Browning
11/07/24

News, Resources, Insight and Opinion from Browning Financial Planning

Who will get your pension pot when you die?

Dominic Browning, Managing Director — Posted by Dominic Browning
11/07/24

We live in a world where most people outside the public sector have a Personal Pension.

Since companies have been obliged to pay into their employee's personal pension pots, these pots are or will be quite substantial.

Did you know that your Will does NOT determine who gets the proceeds of your personal pension. It is another document which does. it is called an EXPRESSION OF WISH(EOW) or DEATH NOMINATION FORM.

Therefore, if you have a personal pension and you care who gets it when you die, you need to have one in place and your employer or pension provider needs to have a copy on file.

It is particularly important for unmarried couples and those with complicated families (most of us).

So if your pension is with us, please request a form from us. If not with us, please get in touch with your pension provider.

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Copyright of Browning Financial Planning Ltd. Registered office: Morar, Brooklands Lane, Torquay, TQ2 6PH. Telephone: 01803 60 67 66. Browning Financial Planning Limited, company number 8448809, is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority (607455). Will writing is not regulated by the FCA.

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