The Money Saving Expert founder has shared how you could make a common mistake in your will when it comes to your pension.
The money-saving expert, renowned for his savvy financial advice, is urging people not to overlook an important detail that could have significant implications. With the cost of living crisis biting hard, his guidance is more crucial than ever.
In a post on X, Mr Lewis alerted: "Warning. Don't accidentally leave your pension to your ex! You CAN'T leave pension savings in your will. Die before taking your private/company pension and the provider/trustees decide what to do with it." "'Colleague's ex-husband was still on her nomination form. Family had to contest. Nightmare for all involved'".
Top Trending Stories Today The finance expert also urged recently everybody aged 73 or under who receives a pension to make sure they are getting the maximum amount, in this week's edition of his MoneySavingExpert newsletter.
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