T
ens of thousands of families will be pulled into paying inheritance tax as the government goes ahead with its raid on pensions, despite fierce opposition from the industry.
From April 2027 pension pots will be included in the value of your estate for inheritance tax purposes. The change was first announced in the budget in October, leading to warnings from hundreds of pension companies, financial advisers and tax firms that it would create an administrative nightmare for grieving families.
New rules confirmed this week
Families face more red tape, delays and costs.
