Your guide to the new Inheritance Tax and pension rules

Did you know that from 6 April 2027, most pensions will be included in your estate when calculating Inheritance Tax?

The shake-up is expected to lead to an additional 10,500 estates becoming liable for the tax in 2027/28, and around 38,500 estates will pay more tax due to the reforms¹.

As, under existing rules, pensions offer a way to pass on wealth tax-efficiently, the change could have implications for both your estate and retirement plan. 

To help you understand if the reforms could affect you and navigate the potential changes, we’ve put together a useful guide that outlines what you need to know, from Inheritance Tax thresholds to how you might manage your estate’s liability. 

Download your copy here: Your guide to the new Inheritance Tax and pension rules from 2027: What’s changing, how it could affect you, and what to do now

If you have any questions about what the reforms mean for you, please get in touch. 

Please note: The Financial Conduct Authority does not regulate Inheritance Tax planning.

¹HMRC: https://www.gov.uk/government/publications/inheritance-tax-unused-pension-funds-and-death-benefits/inheritance-tax-unused-pension-funds-and-death-benefits