{"id":6805,"date":"2025-08-05T14:02:23","date_gmt":"2025-08-05T13:02:23","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=6805"},"modified":"2025-08-05T14:06:49","modified_gmt":"2025-08-05T13:06:49","slug":"is-your-pension-going-to-the-right-person-a-common-blind-spot","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2025\/08\/05\/is-your-pension-going-to-the-right-person-a-common-blind-spot\/","title":{"rendered":"Is your pension going to the right person? A common blind spot"},"content":{"rendered":"<div class=\"hd-block hd-block-table\">\n<figure class=\"wp-block-table\"><table><tbody><tr><td>1 in 6 people don\u2019t know who their pension would go to if they passed away&nbsp;<\/td><td>Cohabiting partners are especially at risk of missing out if not formally nominated&nbsp;<\/td><td>Some still have ex-partners listed \u2013 regular reviews are essential&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>One in six people with a partner are unsure who would inherit their pension savings if they were to die before accessing them<\/strong><strong><sup>1<\/sup><\/strong><strong>. While the majority \u2013 65% \u2013 have nominated their spouse or partner as their named beneficiary, others have chosen different paths: one in five say they have selected another family member, while a small number say they are leaving their pension pot to a charity (4%) or a friend (3%).<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>However, a concerning proportion of respondents did not know who their beneficiary would be. In particular, people living with a partner but neither married nor in a civil partnership were especially likely to be unaware \u2013 25% of these respondents didn\u2019t know who would receive their pension.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Similarly, uncertainty was highest among the youngest (ages 16\u201324) and the oldest (79+) respondents, with 10% and 18% respectively unable to name a beneficiary.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>The risk of outdated choices<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>More concerning still, 3% of respondents suspect their pension may still be designated to an ex-partner. In fact, a separate study<sup>2<\/sup> found one in 10 divorcees had forgotten to remove their former partner as a life insurance beneficiary.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Keep your wishes up to date<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>To make sure your pension savings go to the right person, it\u2019s essential to review your nominated beneficiary regularly. Life changes \u2013 so should your financial paperwork. Don\u2019t risk your pension falling into the wrong hands \u2013 review your beneficiary regularly to ensure it reflects your current wishes and circumstances.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>Aviva, 2025, <sup>2<\/sup>Legal &amp; General, 2025&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for guidance only. Some rules may vary in different parts of the UK.<\/strong>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>1 in 6 people don\u2019t know who their pension would go to if they passed away&nbsp; Cohabiting partners are especially at risk of missing out if not formally nominated&nbsp; Some still have ex-partners listed \u2013 regular reviews are essential&nbsp; One in six people with a partner are unsure who would inherit their pension savings if [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6806,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,77],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6805"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=6805"}],"version-history":[{"count":6,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6805\/revisions"}],"predecessor-version":[{"id":6812,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/6805\/revisions\/6812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/6806"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=6805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=6805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=6805"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=6805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}