When you pass away, the money in your super account will be paid out as a lump sum, and, in some situations, taxed.
Choosing between them - or using both - could increase your retirement income by thousands. Experts reveal how ...
You have probably been saving for retirement for most of your working life, but what are the main considerations before taking the plunge? We look at how to prepare for retirement ...
Who knows how long you will live, which could drastically lower the amount you actually get compared to having the cash upfront, if you die early. Yet does the same apply to a pension ...
I spent £189,000 of my life savings on an annuity. I'll get £12,434.88 in the first year. But the beauty of it is, every year ...
Since the pension freedom reforms in 2015, retirement pots have been treated generously by the taxman when people die, and many have boosted their funds with this in mind. But the Government said ...
But at the moment, if you die and there's money left over in your private pension it's not treated as part of your 'estate', meaning there's no Inheritance Tax to pay on it. However, in Rachel ...
Under the old pension scheme, a government employee is ... Three migrant workers hit by train while filming reels in Doddaballapura, die on spot) Emphasising that the government employees pull ...
Navy Neil Wogan veteran raided his pension to pay privately for lifesaving heart surgery after being told he would have to ...
One woman was able to boost her state pension by more than £2,000 a year after realising she was missing a number of ...
Instead, you need to fill out an ‘expression of wish’ form to tell your pension provider who should receive your savings if you die. Mr Lewis advises that you should always fill one in ...
To this day, she wonders how a serviceman could die like that and why his wife and ... job of trying to find answers for your aunt. Pension entitlements tend to involve complex calculations ...