Passing on a pension
Posted: December 30th, 2023, 3:18 pm
Gents
Some basic info if possible please.
Most of my pension is in a SIPP with HL/AJ Bell. The benefactor for anything left in the pot would be my Mrs. Is it easy enough for her to get hold of it provided I have named her in the will and with HL/AJ Bell? Does she effectively gain control of the pension and operate it as if it is her pension? Do I have to do anything else?
If she pops off, it will all go to our son - who may not be of pensionable age. How can he get hold of the pot?
Many thanks
Some basic info if possible please.
Most of my pension is in a SIPP with HL/AJ Bell. The benefactor for anything left in the pot would be my Mrs. Is it easy enough for her to get hold of it provided I have named her in the will and with HL/AJ Bell? Does she effectively gain control of the pension and operate it as if it is her pension? Do I have to do anything else?
If she pops off, it will all go to our son - who may not be of pensionable age. How can he get hold of the pot?
Many thanks