Under current rules, Inheritance tax does not apply to unused pension funds on death but from April 2027, Inheritance Tax (IHT) will apply to pension death benefits. While the original pension proposals had more than a few people scratching their heads, the updated version is fortunately clearer and more practical. And we’re about to make it even clearer for you with our quick lowdown on what you need to know.

Phil, Jenny (Velarium Wealth) and Steve (Redwood) Meeting at the London Offices of LGT Wealth Management UK, to celebrate the launch of Redwood Independent Financial Advisers.