From A-Day to mayday: 20 years on and the government is still missing the point on pensions

The October 2024 Budget caught everyone out. For months beforehand, planners obsessed over possible changes to tax-free cash and capital gains tax. Of the many conversations I had, only one person so much as suggested the idea that the inheritance tax (IHT) carve-out might be on the chopping block. Understandably, nobody was seriously thinking that the government would undermine savers in that way. But here we are. The industry has unanimously called for a change of course, a call that has fallen on deaf ears. That's because this wasn't a mistake or an oversight, but rather a signal. ...