You say you are “long retired”, which makes me think you probably became eligible for your state pension before 6 April 2016. Had you been married to your wife before this date, she would have ...

When you take your pension as a monthly annuity, you gain longevity insurance. Your check will arrive each month until you die, and you also have the option of spreading the payments over your ...

Who knows how long you will live, which could drastically lower the amount you actually get compared to having the cash upfront, if you die early. Yet does the same apply to a pension ...

Some pensions offer spousal benefits, but if you take the monthly payment route and die soon after, those benefits potentially end there, depending on the option you choose. Additionally ...