IHT on pensions: A moment in time for the profession to shine

'Bringing pensions into the IHT net marks a structural change in how wealth is transferred'

clock • 4 min read

Policy change is both a risk and an opportunity, writes Andrew Zanelli. Here he explains why IHT on pensions allows advisers to demonstrate their expertise and shares what advisers might consider doing now...

A convergence of policy change, market behaviour, and technological capability is creating a watershed moment for advisers. The government has moved the scope of inheritance tax (IHT) and is pressing ahead with plans to bring unused pension funds into the IHT net from April 2027. At the same time, some households are considering reacting to the threat of change by drawing more heavily on pension pots, while platforms and digital planning tools now allow multi-wrapper solutions to be implemented at speed. Together, these forces mean advice professionals must act now to protect client o...

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