The Money Saving Expert founder said it could result in money going to someone you don't want it to
Martin Lewis has issued a stark warning to individuals with private or company pensions across the UK.
On Monday, Martin Lewis reiterated a crucial piece of advice regarding pension savings and the potential risk of inadvertently leaving them to an ex-partner. He stressed that pensions are not covered by wills; instead, beneficiaries must be nominated separately to ensure your wishes are followed.In a post on X, Mr Lewis cautioned: "Warning. Don't accidentally leave your pension to your ex! You CAN'T leave pension savings in your will.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Martin Lewis issues warning over rule that means an ex could get your moneyFinance guru Martin Lewis, who is known for his tips and tricks to save people cash and to make sure nobody misses out on what they are owed, has issued a warning over pensions
Read more »
Martin Lewis 'move money' warning to all Santander customersMartin Lewis has issued a warning to Santander customers and bank account holders as the bank is set to cut the rate on its popular easy-access savings account
Read more »
Martin Lewis issues urgent warning over hack to get £5,400 FREE money into bank accountMartin Lewis issues warning to millions of households missing out on Council Tax support
Read more »
Up to 21million people owed money by the DWP, says Martin LewisYou could be entitled to thousands of pounds without even knowing it
Read more »
Martin Lewis' Money Saving Expert praises energy fix that saves £135 on capA fixed tariff can make it easier to manage your energy bills
Read more »
Martin Lewis fan shares secret code to get money off at major retailersMartin Lewis' fans shared the secret code
Read more »