Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

If a recipient of a private pension does

28 replies

hilbil21 · 30/01/2016 21:21

Just had a thought occur to me about my late fathers private pension. He died in 2011 and after that it was paid to my mum. She passed away in November. Does the pension now stop altogether? Or if there is any of the "pot" left would it get paid to me? I am the sole beneficiary.

OP posts:
ProfGrammaticus · 01/02/2016 19:02

You can't leave a final salary pension in your will, no. Only the balance that you haven't spent from a private fund (defined contribution pension). If you buy an annuity with it, it is spent.

TalkinPeace · 01/02/2016 20:36

You can't leave a final salary pension in your will
But of course most DB schemes come with death benefits.

Mollie
It was not UK tax law so it was sensible if they had lived as long as their parents .....

hilbil21 · 02/03/2016 15:23

Well I visited the lawyer who is dealing with my mums estate today and one of the pensions is an annuity pension which as I thought has finished now she has passed away. The other one it seems will continue to pay me about £240 a month until 2020 so it must be another type Smile

OP posts:
New posts on this thread. Refresh page
Please create an account

To comment on this thread you need to create a Mumsnet account.

This thread is closed and is no longer accepting replies. Click here to start a new thread.

Swipe left for the next trending thread