DC members may get surprise inheritance tax charge on drawdown

Stephanie Baxter
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Defined contribution (DC) members using the new pension flexibilities may find their savings are hit by inheritance tax (IHT) because of a "legislative error", Linklaters has warned.

HM Treasury announced last September that DC members dying before age 75 would be able to leave any remaining drawdown funds to their survivors completely free of tax. Even after reaching age 75, t...

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