00:00If I scroll up here, this one's really important and a bit counterintuitive.
00:06Don't accidentally leave your pension to your ex, and a will will not fix this.
00:12Most private or company pensions, they sit outside of your will.
00:16It is the pension provider or the trustees of the pension who decide where your assets go,
00:21where your pension goes if you die.
00:23Now, you can tell them what you would like to happen.
00:25The form is called an expression of wishes form or a nomination form.
00:29They're the same thing.
00:30You often do it when you first sign up to the pension, but you might not remember you did it.
00:34But you need to ensure that it's up to date, ensure that you've done it.
00:38You would be staggered by the amount of times I hear of people shocked that their ex or someone's ex
00:45-partner got it.
00:46I think we have an example, David, Jeanette.
00:48Yes, we do.
00:48Just listen to this, and you'll get why this is so important.
00:50OK, Sandra tweeted in.
00:52Sandra, I was left with an annuity and a will, but not nominated with the company,
00:56so it's gone to my deceased partner's ex-wife.
00:58He would be spinning in his grave if he knew.
01:02So, one of your pieces of homework today after watching, everyone,
01:05go onto your pension provider's website, have a look for the nomination form
01:08and the expresses and wishes form, and just check that the right person for you is nominated,
01:14because you don't want that to be happening to you,
01:16and leaving the person that you love in the lurch and it going to someone
01:18who you might not love anymore.
01:21You don't want that to be able to do you.
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