Maps calls for more pensions beneficiary awareness

Research finds only half of savers know who their nominated beneficiaries are

Jasmine Urquhart
clock • 1 min read
Maps has called on pension savers to ensure their nominated beneficiary details are up to date
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Maps has called on pension savers to ensure their nominated beneficiary details are up to date

The Money and Pensions Service (Maps) has called for more awareness of where pension assets are transferred upon death.

Maps conducted a survey of 2,561 adults with a pension and found two in five (41%) correctly said their assets would be transferred to their nominated beneficiary upon death. The arms-length bod...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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