Overview
- Speaking on ITV's Martin Lewis Money Show Live this week, Lewis told viewers to review who is set to receive their pension.
- He explained that most workplace and private pensions are held outside the estate, so a will does not control who gets the funds.
- Preferred recipients must be named on an Expression of Wishes or nomination form, which is often completed on joining a scheme and can become outdated.
- Lewis said it is common for ex-partners to receive pension pots when nominations are wrong or missing, urging people to check and update details via their provider’s website.
- After he flagged the March Free Wills Month initiative, the campaign’s website briefly went down from demand, with solicitor appointments to be booked by 31 March.