Editor's view: Pensions IHT alarm bells – when people become process

A technical note outlined some pieces of the puzzle, including on personal representative (PR) expectations and their ability to instruct pensions schemes to hold on to 50% of a pension until the tax bill has been paid. A new tool will be introduced, to help PRs get to grips with what IHT will be payable.   In one sense, any further information on this change – which financial services commentators have argued is nevertheless ill thought through and came without proper industry engagement – is welcome. However, with the note setting out that final guidance is not expected until ...