Majority of UK adults oblivious to pensions IHT change - research

Standard Life research finds 89% have little or no awareness about upcoming IHT pension changes

Martin Richmond
clock • 3 min read

A majority of UK adults are unaware of the forthcoming changes to pensions and inheritance tax (IHT), research from Standard Life shows.

The provider's research, which was conducted last month and surveyed 2,000 UK adults, found nine in ten (89%) respondents had either little or no awareness of the changes to pensions and IHT that will take effect in April 2027. The change, announced by chancellor Rachel Reeves in the 2024 Autumn Budget, will see pensions and death benefits fall within the scope of IHT, with both defined benefit and defined contribution schemes impacted. Government figures published last year estimated that a further 10,500 families will fall within the scope of paying IHT in 2027/28, with around 38,500 e...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Tax planning

Paying IHT on pensions: The potentially 'gruelling' process for personal representatives

Paying IHT on pensions: The potentially 'gruelling' process for personal representatives

'Pension entitlements cropping up much later will cause a big headache for PRs'

Rachel Pinn
clock 25 June 2026 • 12 min read
Turning tax year-end regret into a new tax year opportunity

Turning tax year-end regret into a new tax year opportunity

The most common regret is leaving things too late

Sophie Hall
clock 24 June 2026 • 3 min read
Why does Britain keep shooting itself in the savings crisis foot?

Why does Britain keep shooting itself in the savings crisis foot?

'Private pensions are no longer simply a retirement savings vehicle. They have become a growing source of tax revenue'

James Floyd
clock 24 June 2026 • 4 min read