Can a Personal Pension be paid to Both Partners?
No – the pension is only payable to the “annuitant” (the person who took out the pension and bought an annuity – an income for life – with the fund at retirement). A widow(ers) pension can be added to an annuity as an option, at the time the annuity is purchased – usually 50% or 66% of the pension if the person whose pension it is dies first.