Stocks And Shares Pension

[pinkjudy45]

I have a a stocks and shares pension (I think this what it’s called), can I have husbands name added to this pension or is this not possibly or a good idea

[ubasses]

No, pensions cannot be held in joint names. On retirement you can purchase an annuity in joint names.

[Dagman]

Hi pinkjudy45, I've an investment drawdown pension, Mrs Dag would be awarded the full sum should I push up the daisies, I don't think it would carry on as a pension for her but she would get it's worth at the time. Ask your pension provider to have your husband as a benefactor if he isn't already. It doesn't cost. See what they say.

[dasherman]

Do you actually have a stocks and shares ISA? You can't have a joint ISA either!

[bobbinwales]

If your not drawing it yet it sounds like a personal pension fund that invests in shares and other things. If you pay in and you get the tax relief its yours but when you convert it to a pension /annuity to draw you can do a joint life and there may be an option for a widower's pension if you die first