UK Pensions

[Prakhonchai Nick]

Why not have some fun...

I understand you can revise your nominated spouse at anytime that you wish and as many times as you want prior to a final clog-popping.

Not always. Depends on the employer paying the occupational pension. To prevent "death bed" marriages, some employers require a minimum of 6 or even 12 months marriage. Most but not all occupational pensions will pay the same pension as a widow's pension to a partner. Same rules generally apply, but problems sometimes ensue proving that the claimant really is/was a partner. A Will naming the partner (same address) helps as does a joint bank account and completion of a nomination form (not at the last minute)

Also many occupational widows pensions which usually pay 50% of late husband's pension reduce this where the widow is more than 10/12 years younger than her late husband. Generally 2.5% reduction for each year over 10/12.

 

[CO-CO]

555. Got to find a prospective widow, first!!!
I have got the nomination form here, awaiting for a suitable person to 'hit the jackpot' !

Maybe best not to let them know, too early on, that you are worth more dead than alive to them ...

 

[FERRET]

Why not have some fun...

I understand you can revise your nominated spouse at anytime that you wish and as many times as you want prior to a final clog-popping.

In Aus, not a sh*t show in hell--only Australian recognised marriage is accepted otherwise----NO DEAL EDDIE.

 

[Ivor the Engine]

Maybe best not to let them know, too early on, that you are worth more dead than alive to them ...

Indirectly, I've always done that by 'stretching the truth' in saying the money will only go to a legally married wife

 

[Deerculler]

Same (Not your wife!!!)
50% of private pension.

Sorry Dave. You are correct.
I recently got that in writing from my pension super fund to confirm that wife or defacto was entitled to 50% after a certain period of time. A combination of the marriage and defacto counts as well.

 

[CO-CO]

Sorry Dave. You are correct.
I recently got that in writing from my pension super fund to confirm that wife or defacto was entitled to 50% after a certain period of time. A combination of the marriage and defacto counts as well.

Watch out for any reduction due to age difference. The details will be included in the pension fund's rules

 

[Ivor the Engine]

Watch out for any reduction due to age difference. The details will be included in the pension fund's rules

Thanks. I'm aware of that.
The 'latest' is only 14 years younger than me.

 

[Deerculler]

Watch out for any reduction due to age difference. The details will be included in the pension fund's rules

That is why I asked them for a confirmation in writing. Because it is to late once I have departed from this war torn world.

 

[CO-CO]

That is why I asked them for a confirmation in writing. Because it is to late once I have departed from this war torn world.

Jesus Les, is that bad in Isaan?

I know it's a bit rough up there, but 'war torn'?

 

[Ivor the Engine]

Jesus Les, is that bad in Isaan?

I know it's a bit rough up there, but 'war torn'?

I assume Les is talking about the whole world?

 

[Cent]

Jesus Les, is that bad in Isaan?

I know it's a bit rough up there, but 'war torn'?

I think 'world' is the key word.

 

[Deerculler]

I assume Les is talking about the whole world?

Yes Dave. A big part of the world anyway.

 

[Deerculler]

Watch out for any reduction due to age difference. The details will be included in the pension fund's rules

Ray, I would like to exp[ain more but is long winded.