Nearly three quarters of people don’t understand Inheritance Tax
Nearly three quarters of UK adults don’t understand Inheritance Tax, while 40% consider estate planning to be the ‘last great family taboo.’ Avoiding conversations and advice could cost families dearly – especially as more estates fall into the tax net.
Government confirms unspent pensions to be included in IHT from 2027
Unspent pensions will soon be subject to Inheritance Tax (IHT), potentially impacting how wealth is passed on. With rules changing in 2027, it’s vital to review your estate plans early and consider how your pension fits into the bigger financial picture.