Some advice regards Winterthur pension

_ASH_

Hi Guy's, My Father has recently passed away and upon searching through his things I have stumbled upon what seems to be a Winterthur pension that I never new he had.

My Mum is still with us and still has a mortgage on the property of around £7500 remaining.

I really don't know what I am looking at and was wondering if someone could shed some light on this (a rough idea what this could be worth).. I have attached a link of a statement. It would be brilliant if it would clear the mortgage for my Mum.

URL: //gallery.me.com/alan.harrison/100001/Scan%202/web.jpg?ver=13298730160001

Many thanks for your advice

Ash

_ASH_

Sorry Guy's, I have just noticed that the image won't show..

****://gallery.me.com/alan.harrison/100001/Scan%202/web.jpg?ver=13298730160001

Please replace the **** with http

Some advice please ...

Many thanks

ASH

xylophone

http://www.winterthur-life.co.uk/
Get in touch with Winterthur Life.

_ASH_

Hi & thanks for the reply, I have been in contact with them and I'm just waiting for the relevant paperwork to come through, but I was just after an idea on what it was worth if it would be cashed in.

ASH

mania112

Normally when someone dies with a personal pension the spouse will receive the total funds as a lump sum.

It doesn't need to remain as a pension.

It isn't liable for tax.

- don't hold me to it, but it looks like your mum will be able to pay off the mortgage.

my condolences on your father passing away.

NOTE: I'm assuming he wasn't taking any income from this pension?

FURTHER READING: http://www.pensionsadvisoryservice.org.uk/personal-and-stakeholder-pensions/personal-pension-plans/death-benefits