Quilter has expanded its bereavement team by 50% in preparation for inheritance tax (IHT) on pensions, according to Quilter retirement specialist Phil Griffin.
Speaking at The Financial Advice Summit 2026, Griffin spoke to delegates about the risks associated with the new pension rules due to come into force in April 2027 and how they can plan for them. "In my eyes," he said, "this is arguably the best opportunity to prove the value of financial advice." One of the risks spoken about at the conference was the six-month deadline to avoid late payment charges. Despite the House of Lords agreeing that six months is not ample time to organise and pay the IHT on an estate, the deadline has remained unchanged. "We know for a fact that the pr...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
