IHT on pensions pre-55 slammed as 'brutal'

HMRC has confirmed to PA that if you die under the current minimum pension age of 55 – rising to 57 as of 2028 – your pension will be liable to IHT. WBR Group director of small self-administered scheme transformation and proposition Caitlin Southall called this "unbelievably unfair". She said: "Including ‘unused' pension funds in scope for IHT is unbelievably unfair. If people cannot ‘use' these funds under current rules, why should they be subject to IHT? "The government are creating significant barriers for people to save responsibly for their retirement. By all means encourage p...