When a couple live together as a combined financial unit they often expect their decisions about how they invest their assets for the future will follow their conversations.
Unfortunately this is not the case. Unlike marriage, on separation there is no claim possible on a partners pension, nor claims on death to pensions as a widow. A case earlier this year before the court enabled claims by a cohabitee on the death of their partner against a public sector pension, but the law is still not clear for all pensions. Claims for bereavement allowances are also variable.
If you have any queries about the rights of a cohabitee, please do not hesitate to contact me.
It is also very important that you ensure your will is up to date and that the nominations under pensions and life insurance are correct and reviewed regularly to make sure that claims on the death of the other are going to the intended.