Martin Lewis pensions warning over 'significant risk' for your finances

Martin Lewis pensions warning over 'significant risk' for your financesYou could miss out on what you are due if you are note carefulCommentsMoneyNicholas Dawson04:40, 18 Apr 2026View ImageMartin Lewis shared some tips on his BBC podcast(Image: ITV)Pensioners have been pointed to a key principle when it comes to managing their finances. Martin Lewis recently spoke about the important thing to remember when it comes to your household finances.‌The consumer expert told listeners to his BBC podcast that you may find yourself in trouble if you live in a couple and only one of you handles the everyday finances. He urged people to think about 'three Ds' representing issues you could run into: death, divorce and dementia.‌Mr Lewis said: "The problem with one person doing it is, if they are not communicating with the other partner, if there isn't a good financial factsheet list of details of who every provider is and why the decisions were taken and made, then if one of the three Ds were to hit the person who is in charge of the finances, it can leave the other partner in the lurch terribly."‌In light of this, he urged people to make sure both parties understand the basics of their income and outgoings. Responding to a wife who said she handles all the bills, Mr Lewis said: "It's fine for you to be the lead financer in your family, as long as your husband who you say isn't good with money, understands the decisions you're making and you have enough details and explanation, that in the event something were to happen to you, he would be able to take over relatively seamlessly."Significant risksNow, experts at the dating site eharmony have backed this idea. Dr Lalitaa Suglani, relationship expert with the group, said this can be a particular issue for older couples.She said: "I've seen this come up before, and the risks can be quite significant when only one partner is fully across the household finances.‌&q...