People's Pension Death Benefit Options
amelia1983
Member
Hello,
Long shot, but I thought I would ask... We have a deceased client who has £300k in the People's Pension. His wife is the beneficiary. We have been told the only option is to take the fund as a lump sum. He died over the age of 75 so this will be taxable. Does anyone know if there is anything else we can do?
Thanks in advance.
Amelia
Comments
Hi Amelia,
I don't believe there is anything that can be done after death if the EOW named his wife.
Sorry.
Tim