According to recent survey, published in the Independent, more than half the adults are losing their entire pension upon their death. This is leaving their loved and dear ones almost stranded.
The study also found that almost 39% of the couples have almost nothing in place to ensure that their income will continue to be paid if any one of them dies. The other thing is that a further of about 13% people, simply posses no idea of what will actually happen to their pension. They also have no idea about their other investments. This is lack of any investment ideas, regarding fixed annuities.