IHT on pensions: 'A bigger deal than the government currently realises'

AJ Bell's Rachel Vahey speaks at PA360 North

Sophia Panayi
clock • 3 min read

AJ Bell head of policy Rachel Vahey discussed inheritance tax (IHT) on pensions, the latest triple lock adjustments and potential budget changes at PA360 North.

"The message I took from all of this was: inheritance tax being applied to pensions is a bigger deal than the government currently realizes," Vahey stated in the opening talk of Professional Adviser's northern conference. April 2027 is fast approaching, and advisers are readying clients for their pensions to be brought into IHT's scope. Vahey said she believes the government still does not understand the impact this will have, especially on the time it will take to wind up an estate. She explained: "They think it's something that is just going to happen to other people because it d...

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