Are you planning to retire soon? There have been a number of changes over the last year to the way in which you will be able to take your pension benefits, with more changes to follow in April 2015.
Typically when an individual joins a pension fund, they express their wishes for the pension fund trustees to pay the lump sum death benefit to certain named individuals. More often than not it is the individual’s spouse who is the requested beneficiary of these funds. If the trustees exercise their discretion to transfer the funds […]