You can now watch Professional Adviser’s webinar ‘IHT on pensions from April 2027 – what financial planners need to know’ on-demand.
On Wednesday (24 September), Professional Adviser hosted a webinar on how to prepare and what the application of inheritance tax (IHT) on pensions means for you and your clients.
The government has confirmed it will push forwards with plans to bring un-used pension pots into the scope of 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.
Around 1,200 individuals joined us live on Wednesday to hear from Quilter Chartered financial planner, retirement and tax specialist Kirsty Anderson, Octopus Investments tax specialist Toyin Oyeneyin, L&G distribution director of retail retirement and TIME Investments head of internal sales Billy Brown.
Topics covered included:
- 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
Click here to access the webinar on-demand now
More than 130 questions were submitted to our panellists by attendees before and during the webinar. Stay tuned to Professionaladviser.com, where we will be tackling many more of these in a series of upcoming articles.
