Warnings of tight timetable as HMRC sets out pension IHT process

The second technical note, published on 27 August, provided further information on the processes that will apply when unused pension pots become subject to IHT from 6 April 2027. However, with less than eight months until implementation, those in the advice profession have warned that the timetable remains tight, with further legislation and detailed guidance still to come. Nucleus technical services director Andrew Tully said he believed the profession will generally be ready to make the necessary system and process changes, but warned this depended on the government avoiding any sub...