Know your limits - pension lifetime allowance

Protect your pension savings by applying for fixed protection if you think you'll have mor...

Published: 30/01/2012

State Pension age changes

If you were born in the 1960s, you could be affected by the change to State Pension age.

Published: 27/01/2012

Workers to join company pension

To help people save for their retirement, all employers will need to enrol workers into a workplace...

Published: 27/01/2012

Court ruling spells end for pension unlocking schemes

Plans giving savers early access to their pensions cash are to be outlawed.

Published: 27/01/2012

Are you saving in PensionSaver lifestyle?

Review your lifestyle age now.

Published: 27/01/2012

Choose who gets your death benefits

Choose who you want to receive the death benefits from the co...

Published: 10/01/2012

Get more from the tax man

Paying into PensionSaver? Higher rate taxpayers can claim additional tax relief.

Published: 07/07/2011

Members warned about pension unlocking schemes

Schemes that offer you the chance to cash in your pension early are not in your best interests.

Published: 07/07/2011

Pensions and the annual allowance

How the annual allowance may restrict tax-efficient pension savings.

Published: 04/07/2011

State Pension basics

The way it works and how you can find out what you'll get from the State.

Published: 02/09/2010



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Choose who gets your death benefits

If you’re paying into a company pension scheme you can choose who you want to receive the death benefits.

You can do this by completing an expression of wish form that lets us know who you want to get any cash amount if you die before taking your pension.

That way you can make sure that the cash death benefit is paid free from inheritance tax.

You can choose your husband, wife or partner, your children, another family member or a friend, or even an organisation like a charity or club.

If you don’t nominate anyone, the trustee will decide where your money goes. This may not be to the person that you want to receive your benefits. Avoid complications by keeping your form up to date.

Call DMGT Pensions on 0207 395 7272 and ask us for a form.

Source: Time For Money

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