Strong chance 'nightmare' IHT pension reforms will 'simply not work'

Speaking yesterday (29 June) at an Irwin Mitchell event, Altmann said the reforms – due to take effect in April 2027 – could have far reaching consequences for the wider pensions system and estate planning. She suggested bringing pensions into IHT could leave personal representatives responsible for setting tax liabilities on pension assets outside their control, often without full visibility of those assets – which she said could increase the risk of delays, disputes and errors that could be costly. Altmann said: "I think there's a strong chance these new rules will simply not work i...