How charitable giving could help mitigate the IHT on pensions impact

Last month, PA hosted a hosted a webinar on how to prepare and what the application of inheritance tax (IHT) on pensions means for advisers and their clients. Some watchers had questions on how payments to charity will be treated. PA reached out to "thoughtful investor" financial advice firm Castlefield to find out the extent to which charitable donations could help in limiting their IHT liability. Castlefield client advice partner Pooja Shah noted that there is growing concern that pension funds and property values could push more families over the £2m threshold for the residence ...