The government has confirmed it will push forwards with plans to bring unused pension pots into the scope of inheritance tax (IHT) from April 2027.
While a HMRC July policy paper outlined some amendments, the incoming change has been described as a "seismic shift" for financial planners and their clients.
Join PA for a webinar on how to prepare and what the application of IHT on pensions means for you and your clients.
Hear from experts from Legal & General Retail, Octopus Investments, Quilter and TIME Investments on:
- Why bringing un-used pension funds into IHT's scope is a seismic shift for advisers and clients
- How the move is likely to interact with other IHT policies, including threshold freezes and agricultural and business property relief cuts
- How advisers can help clients prepare in the run up to the change
- Trusts and other tools at advisers' disposals to address different client needs
- What government decisions not to include death in service benefits, as well as taking a personal representative rather than pension scheme administrator-led approach, mean for clients and financial planners
- How experts hope the policy might evolve further between now and April 2027
