Neil MacGillivray: Common sense (finally) prevails on IHT

It wasn't quite as contentious as "Staveley", but was still based on HM Revenue & Custom's (HMRC) opinion that there can be inheritance tax (IHT) consequences where a person in ill-health transfers from one pension scheme to another, and these can have serious implications.   The adviser was asked by a friend, who was terminally ill, to help him put his affairs in order. As part of the review, the adviser recommended that his friend, and now client, should transfer his three personal pension schemes into one arrangement. The reason was simply to reduce the administrative burden on his de...