IHT pensions loophole could go in PBR

At the moment, there is some confusion over whether a scheme pension, which is normally paid out by an occupational pension scheme but which can also be paid from a personal pension such as a self-invested personal pension (sipp), is subject to IHT. The way legislation stands at the moment is if a member of a small self-administered scheme (ssas) receives a scheme pension at age 75 on a 100% annuity basis then when they die the funds can be returned to the scheme for the use of other members with no IHT charge. Although some parts of the industry have suggested this is an IHT loophole w...