IHT on pensions

'These changes may mark something of an inflection point'

Fears HMRC delays could lead to months-long waits

Final guidance to be published in Spring 2027

Gifting from the estate vs the pension

Steps clients should consider to assist them on their 'estate planning journey'

'The introduction of IHT on pensions represents a fundamental shift in wealth transfer planning'

April – December 2025 saw Treasury net £6.6bn from estates

'People feel that they can trust what they see on social media'

Large volumes of clients will need reviews of financial plans

'It's a great pity HMRC couldn't have been a bit braver and taken the sensible approach'