PensionsNov 13 2019

Understanding how death benefits work

  • Identify the ways in which pension benefits can be paid
  • Identify the different types of lump sum death benefits
  • Explain how death benefits are tested against the lifetime allowance
  • Identify the ways in which pension benefits can be paid
  • Identify the different types of lump sum death benefits
  • Explain how death benefits are tested against the lifetime allowance
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Approx.30min
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Approx.30min
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CPD
Approx.30min
Understanding how death benefits work

With the exception of some contract based schemes, pension benefits do not generally fall within the member’s estate when they die – meaning they are free of inheritance tax. 

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