Pension changes to impact more than half of advised clients

Advisers’ biggest concern is not understanding the pension IHT rules

Sophia Panayi
clock • 2 min read

Exclusive: Advisers expect more than half (54%) of their clients to be impacted by pensions falling within the scope of inheritance tax (IHT) from 6 April 2027 and to need advice as a result, according to a poll from Quilter.

With almost seven months remaining until implementation, the poll, surveying 939 independent advisers, found 42% of advisers said they feel ready and have a good understanding of the reforms. However, a further 37% have been engaging with the issue for some time but now recognise the changes are bigger and more complex than first anticipated, while 18% are only just starting on their journey to get prepared ahead of the new regime. The findings also point to a broader rethink of retirement and estate planning, Quilter said. More than three quarters (76%) of advisers identified chan...

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Sophia Panayi
Author spotlight

Sophia Panayi

Senior reporter at Professional Adviser

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