Calls for action on pension transfer delays
Unused pension funds will fall under IHT scope from April 2027
‘They’ve smashed complex pensions and complex IHT together’
Evelyn Partners warns thousands of businesses are at greater risk
Most advisers recommending early pension access and gifting
Advisers must ‘open people’s eyes to the reality’
Transfer delays highlight need for ten-day Pension Switch Guarantee
Pension Schemes Bill measure will reduce admin costs and boost pots
Aims to help advisers keep up to date with complex changes
Expected to lead to delays in payments to beneficiaries