Jessica List: The risk of forgetting an expression of wishes

The situation

clock • 3 min read

To emphasise the importance of an expression of wishes, Jessica List runs through a scenario where forgetting to complete one results in a sticky spot for a hypothetical client

The situation When Arnold set up his pension he left the expression of wishes section blank as he wasn't sure who to nominate. Arnold and his wife Gina had been discussing separation for a while and he didn't want to name her, only to need to remember to change the nomination again soon afterwards. The couple did not have any children. By the time Arnold and Gina separated a year later he had forgotten about completing the expression of wishes altogether. He also didn't think about it when he began a new relationship with Laura. When Arnold died four years later, age 60, he and Laur...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

IHT on pensions: A moment in time for the profession to shine

IHT on pensions: A moment in time for the profession to shine

'Bringing pensions into the IHT net marks a structural change in how wealth is transferred'

Andrew Zanelli
clock 21 October 2025 • 4 min read
Could AI be the answer to making pensions intelligible for all?

Could AI be the answer to making pensions intelligible for all?

'Not about dumbing down'

Paul Muir
clock 16 October 2025 • 4 min read
Torsten Bell warns pensions industry to 'face up' to its problems

Torsten Bell warns pensions industry to 'face up' to its problems

Torsten Bell told delegates to ‘keep engaging’ with the pension commissioners

Holly Roach
clock 16 October 2025 • 2 min read