
Death Benefits on UK Pensions
When it comes to our money, it’s not just about today. It’s crucial to consider not only our financial well-being but also the legacy we leave behind for our loved ones. Understanding the taxation of benefits on death, especially in the context of Defined Contribution Schemes, is essential. This article delves into the intricacies of inheritance, tax implications, and various scenarios to give you the knowledge to make informed decisions.