DWP Petition Calls for Changes to State Pension Inheritance Rules
# DWP Urged to Change State Pension Inheritance Rules
A new online petition is calling on the Department for Work and Pensions (DWP) to amend the inheritance rules for the State Pension, allowing individuals to designate beneficiaries of their choice. The petition aims to provide a broader range of options for those looking to pass on their pensions, which currently only allows inheritance by a spouse or civil partner.
The campaign stresses the need for significant change in the current legislation, asserting that individuals should have the ability to nominate beneficiaries such as children, long-term cohabiting partners, or carers. This shift would offer a more inclusive approach to pension inheritance, reflecting modern family structures.
The petition clearly articulates its goal, stating, "We ask the Government to change State Pension inheritance rules so that people can nominate a beneficiary such as their child, long-term cohabiting partner, or carer - or offer them a lump sum - so it is not just a spouse or civil partner inheriting from the pension as at present."
Supporters of the petition believe these changes would not only bring fairness but also address the diverse makeup of contemporary households. The DWP’s current rules are seen by many as outdated and not representative of today's relationships.
By urging the DWP to embrace this petition, advocates hope to initiate a conversation around reforming the existing guidelines, ensuring that everyone has the opportunity to leave their hard-earned benefits to those who matter most.
This report is for informational purposes only and is not financial advice.