Introduction

Module 9 - Pension Scheme Death Benefits

In this module we will learn about how divorce can affect pension benefits.

At the end of this module you will be able to:

• Describe what to when someone dies and state the information required.
• Explain the importance of expression of wish forms and factors trustees must consider when applying discretionary powers.
• State the benefits payable from pension schemes and the State benefits.
• Understand when Inheritance Tax is payable and by whom.

In this module we will see how important it is for a member to keep their expression of wish form up to date and some of the problems trustees face in deciding who should receive benefits. 

We will also look at the types of benefits payable and where tax charges may apply. 

This information will help you when dealing with family members during a difficult situation so that you can explain what happens and the common problems that can occur.