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Rock and a hard place!!
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janewesty
Posts: 2 Newbie
Ok, I'll try and keep this short. Basically my dad died suddenly in January. Mum is still trying to sort out his pension. The company has told her she is not allowed to take out a lump sum. She can either have an annual sum of money OR find another insurance company to invest it in. Mum has also been told when she dies the pension does not pass on to her children.
This company has been a nightmare to deal with, at one point telling mum they shouldn't be discussing the issue with her as the pension is in Dad's name!! Mum said how did they expect to talk to dad?
Anyway - upshot of it is can the pension company not give mum the money and if they should how do we get it from them???
Any help and advice would be appretiated
Jane
This company has been a nightmare to deal with, at one point telling mum they shouldn't be discussing the issue with her as the pension is in Dad's name!! Mum said how did they expect to talk to dad?
Anyway - upshot of it is can the pension company not give mum the money and if they should how do we get it from them???
Any help and advice would be appretiated
Jane
0
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Anyway - upshot of it is can the pension company not give mum the money and if they should how do we get it from them???
what type of pension is it?
The death benefits are defined by the type of scheme it is. How they pay the money out will depend on that.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Oh???? It's one Dad has put a wee bit away in each month?? I'll find out what kind it is and get back to you.0
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