What Happens to Your Pension When You Die?

<pUnderstanding what happens to your pension when you die is a critical, yet often overlooked, part of estate planning. For many in the UK, pensions represent a significant portion of their wealth, and ensuring these funds are passed on according to your wishes, and as tax-efficiently as possible, requires careful consideration. This comprehensive guide will explore the rules surrounding pension death benefits in England and Wales, covering different types of pensions, tax implications, and the...