IHT on pensions

Government to respond to petition as it hits 10,000 signatures

'As pensions lose some of their tax advantages, EIS is coming to the fore in estate planning conversations'

‘Advice will be more valuable than ever’

Advisers warned to prepare clients as new rules drag more families into IHT net

Key message is ‘not to panic’

Spending more time improving understanding of shifting framework

HMRC confirms those under minimum pension age will see IHT applied on their pots

Most advisers recommending early pension access and gifting

See opportunity to provide ‘much-needed’ clarity

Impact of IHT on unused pension funds