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death benefits

uncategorised

Early pension access could lead to 55% death tax

Allowing early access to pension funds in some cases could place pensioners' beneficiaries at risk of a 55% tax charge, AJ Bell warns.

clock 28 February 2011 •

uncategorised

Man kept corpse in cupboard to steal pension

Japanese police are investigating a man they believe hid the corpse of his father in a cupboard in order to keep receiving his pension cheques.

clock 07 January 2011 •

uncategorised

Warning for value guaranteed annuities after rule change

Prudential deputy chief executive Barry O'Dwyer has welcomed the Treasury's new draft rules for retirement options, but warns there may be problems ahead for value guaranteed annuities.

clock 09 December 2010 •

Individual Protection

"Pay death claims in a week" - Munich Re

Death claims should be paid quicker and the protection industry needs to support its existing customers better, says Munich Re.

clock 21 July 2010 •

Income

Making the grade?

As income drawdown approaches its 15th anniversary John Moret assesses whether it has met peoples' needs

clock 25 February 2010 •

Investment

Purnell wary of adding 'bells and whistles' to Npss

James Purnell, Minister for Pensions Reform, has hinted the government's response to the personal accounts white paper will reject the idea of including any additional benefits or "bells and whistles" to the scheme, such as death benefits, or early drawdown....

clock 11 May 2007 •

Investment

Split pension transfers to keep protection

HM Revenue and Customs has confirmed people can split pension transfers and still keep enhanced protection.

clock 01 August 2006 •

Investment

Taxman to haunt dead people warns Bee

Relatives of those dead for more than two years ahead of A-day could see the deceased's death benefits subject to a 40% tax charge, says Steve Bee, Scottish Life head of pensions strategy.

clock 18 May 2004 •

Investment

SOFA urges Revenue to change death benefit proposals

The Inland Revenue should change its latest proposals on death benefits, urges the Society of Financial Advisers, as the rules are both unequal in their treatment of different pension types as well as "too complex".

clock 05 March 2004 •
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