Ex Husband died unclaimed pension pot

steve1500

Ex husband who died unexpectedly, with no Will.  Had three children together. We have discovered an untouched pension pot, Does anyone know what happens to the money

Thanks

eskbanker

The pension company should be able to advise.

xylophone

We have discovered an untouched pension pot,

You or the person who is dealing with the deceased's affairs should contact the Administrator/insurer immediately with a copy of the death certificate and await details of what action will be taken.

Marcon

steve1500 said:

Ex husband who died unexpectedly, with no Will.  Had three children together. We have discovered an untouched pension pot, Does anyone know what happens to the money

Thanks

Depends what sort of pension it is - people use the word 'pot' to cover all sorts!

If it's a defined benefit scheme, and the children are all now aged at least 18 (or possibly up to age 23 if still in full time education/training), then there may not be any pension/money due to anyone, unless your ex-husband had a new partner at the time he died. The rules of the scheme in question will set out what has to happen.

If it's a defined contribution scheme (that really is a true 'pot'), then as advised in the previous post, you need to contact the insurer (or other pension provider). Much will depend on whether your ex-husband completed something known as an 'expression of wish' form. There will be a limit on what they can tell you, given he was your ex, but you can certainly give them the information that he fathered 3 children/give their ages and any other details requested.

dunstonh

steve1500 said:

Ex husband who died unexpectedly, with no Will.  Had three children together. We have discovered an untouched pension pot, Does anyone know what happens to the money

There are different types of pensions.  Without knowing the type, it is difficult to say.

However, assuming it is a defined contribution type, you would expect the children to be the beneficiaries if he did not create an expression of wish or it became out dated.  i.e. if you were still named as beneficiary, the trustees would likely overrule that and you would not get it.