The government has responded to its consultation on its proposal that from 6 April 2027, most death benefits paid from registered pension schemes (whether DB or DC) will form part of the deceased ...
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Pension inheritance tax rules to change in 2027
The UK government is set to rewrite the rules for pension inheritance. Starting April 2027, pensions will no longer automatically pass inheritance tax-free to beneficiaries. This could cost families ...
Pensions and inheritance are at the forefront of many people's minds ahead of the Budget. In her last Budget, Rachel Reeves announced she will pull pension pots into the inheritance tax net from April ...
The government’s inheritance tax (IHT) reforms for pensions will deter professionals from helping to administer estates and ultimately delay money going to grieving families and the taxman, experts ...
The government has confirmed it will press ahead with plans to apply inheritance tax to unused pensions on death, despite significant opposition. But a surprise change to the policy could leave your ...
Plans to charge inheritance tax on unused retirement pots risk turning pension schemes into tax administrators, according to the Pensions and Lifetime Savings Association (PLSA). The trade body warned ...
Many clients have inquired about the recent Budget announcements and how the changes to pensions will impact inheritance tax (IHT). At the moment, if you have a money purchase pension and you pass ...
The Department for Work and Pensions is being urged to change state pension inheritance rules. Campaigners have launched a petition on the Parliamentary website demanding the DWP and the Labour Party ...
Rachel Reeves has been slammed for her reported plan to hit savers. The Chancellor is predicted to announce tax hikes as she scrambles to plug a huge hole in the public finances, including pension and ...
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