In this scenario, the adviser is referring to the difference in the effective date of the 'credit' reported towards the transfer balance cap of your wife.
If the pension automatically reverts to your wife when you die, the effective date for the credit is 12 months after your death. However if the nomination is a binding nomination only, and your wife choose to commence an income stream with your death benefit, then the effective date for the credit is the date the pension commences.
