death benefits

People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a provider has said.

Axa Life Invest has added a death benefit guarantee to its drawdown offering to protect the amount passed on to family or dependents if a client dies before age 75.

Myth busting: Unpicking death benefit changes

In the latest Retirement Planner poll we gauge opinion on pensions minister Steve Webb's plan to allow retirees to sell their annuity contract for cash.

The 55% tax charge payable on pensions at death is too high and should be brought into line with the inheritance tax (IHT) regime, according to Standard Life.

DEATH BENEFITS

The Legal Services Board (LSB) has released proposals which it says will deliver greater protection to consumers that are writing wills by ensuring everyone providing services in this area is regulated.

Andy Zanelli looks at the issues surrounding death benefits

Aegon has published a guide to State bereavement payments that will be issued with all death claim packs.

Half the life insurance claims received by Scottish Provident last year were made for those under 55 years old, the insurer has revealed.