Experts explain what happens to your pension when you die
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While retirement planning often centres on maximising income, the fate of someone's pension after death is a frequently overlooked element of estate planning.
Experts explain what happens to your pension when you die
While retirement planning often centres on maximising income, the fate of someone's pension after death is a frequently overlooked element of estate planning.
The state pension typically ceases when someone dies, making understanding different pension types and potential survivor benefits essential.
For instance, the basic state pension, available to those aged 66 or over with sufficient National Insurance contributions, is generally not inheritable.