IHT on pensions: Advisers on a new way of working

Inheritance tax on pensions comes into effect in April 2027, bringing unused retirement funds under the scope of the tax for the first time and changing advisers' approach to client assets.  The policy shift, first announced in the 2024 Budget, has, advisers tell PA, forced them to change their mindset and brought estate conversations forward. Quilter Cheviot chartered financial planner Megan Rimmer agrees the policy shift has altered the way she works. "It has shifted the timing and focus of conversations. What was once a more peripheral IHT discussion has become central for many ...