Overview

• A recent Aviva survey found that 15% of UK adults in relationships do not know who would inherit their pension savings if they died.
• Cohabiting partners without legal marriage or civil partnership status show the highest uncertainty, with 25% unaware of their beneficiaries.
• Gen-Z adults (aged 16-24) also display significant confusion, with 30% unsure of their pension nominees.
• Aviva warns that outdated designations, especially after life changes like divorce or remarriage, could lead to legal disputes or ex-spouse claims.
• The company emphasizes the ease of updating pension beneficiaries online, encouraging regular reviews to align with current wishes.