Petition to stop IHT on pensions hits 10,000 signatures

It was set up by SeaBridge SSAS director Nathan Bridgeman early last month and is currently at 10,537 signatures. "We think the government need people to take responsibility for providing income in retirement and the simplest and most effective way for the majority to achieve this is a pension," Bridgeman said. "We think the tax on pensions funds & death benefits is a disincentive for most people to funding a pension. Many people want to leave their pension fund & death benefits to their chosen beneficiaries (usually children/grandchildren). We think this double taxation - income tax ...