Martin Lewis issues urgent private or company pension warning

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Martin Lewis News

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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.

 

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