The UK government is set to rewrite the rules for pension inheritance. Starting April 2027, pensions will no longer automatically pass inheritance tax-free to beneficiaries. This could cost families ...
Inheritance tax rule changes that mean pensions will be included in calculations from 2027 could leave the loved ones of as many as six times more over 55s liable to pay, according to new analysis.
The government has responded to its consultation on its proposal that from 6 April 2027, most death benefits paid from registered pension schemes (whether DB or DC) will form part of the deceased ...
The government’s inheritance tax (IHT) reforms for pensions will deter professionals from helping to administer estates and ultimately delay money going to grieving families and the taxman, experts ...
Pensions look set for a shake-up amid government proposals to include retirement savings in someone’s estate when calculating inheritance tax. Under plans currently going through parliament, ...
Plans to charge inheritance tax on unused retirement pots risk turning pension schemes into tax administrators, according to the Pensions and Lifetime Savings Association (PLSA). The trade body warned ...
State Pension payments have long been a subject of debate, especially concerning their inheritance rules. Currently, only a spouse or civil partner can inherit a deceased person’s State Pension ...
Every Tuesday, we get an expert to answer your financial problems or consumer disputes - email yours to [email protected]. Today's is... Money live reporter Jess Sharp tackles this one... While ...