Clare Moffat: What advisers need to know about the Staveley case

The long-running case of Commissioners for Her Majesty's Revenue and Customs (Respondent) v Parry and others (2020)  - also known as the Staveley case - has hit the press again.  While the facts of the case date back to 2005/06 it remains of huge importance to advisers due to its implications for those clients who make a pension transfer or switch in ill-health and death happens within two years. There has been an increase in such cases post-pension freedoms as a means of accessing death benefit flexibility and the ability to cascade wealth through the generations. After the Court of ...