News
Standard Life warns of increased pension scam risk as IHT changes loom
Donna Walsh said clear communication, ongoing education and industry collaboration are vital as the inheritance tax changes approach.
Inheritance tax
News
Majority of workers unaware of pension inheritance tax changes, research finds
More than 6 in 10 UK workers are unaware their pension savings could be subject to inheritance tax from April 2027.
News
Pension withdrawals up 36% to £79.9bn, finds Air
The report stated that pension withdrawals alone may not be enough for planning goals, and the family home should be considered as part of the balance sheet.
News
Advisers expect pension IHT changes to hit two thirds of clients – Quilter
Advisers expect two thirds (66%) of their clients will be affected and need IHT advice, up from 52% earlier in the year.
Pensions & Retirement
One in five wealthy over-55s unaware of pension IHT changes, research finds
Research from Charles Stanley found that over half (51%) said they had only heard about the changes but did not know what they meant.
Pensions & Retirement
30% of HNWIs back scrapping IHT as pension fears grow – Saltus
The decision to include defined contribution pensions in the IHT net from 2027 led 33% of HNWIs to look at ways to protect their pensions.
Pensions & Retirement
Unused pension tax can be simplified to help bereaved families, research reveals
Anne Fairweather said: “This report shows that if the government is committed to tax reform of pensions on death, then there are easier ways to do it."
Pensions & Retirement
Majority of UK adults rethink retirement due to IHT changes on pensions, survey finds
The survey revealed that 21% intended to withdraw more money from their pensions to spend it, and 19% aimed to gift it.
News
One in three parents spurred into action by Budget worries – Hargreaves Lansdown
There is speculation that Rachel Reeves might extend the current Income Tax freeze.