Jelly rot fungus.
Beech.
Other broadleaved tree species - very infrequently on coniferous tree species.
On the stems and branches of trees including inside cavities and on fallen trees and tree parts.
Annual . Fleshy / jelly-like. Upper surface begins cream-white and develops to a soft pink/orange with white hairs. Pore surface pinkish and extensively wrinkled. Fruit body is translucent.
Auricularia auricula-judae (darker and tougher).
Considered saprotrophic. Attributes to a white rot of the wood substrate. Presence on standing trees indicative of dysfunctional and dead parts.