IFS calls for pensions death tax overhaul

Institute says reforms could raise revenue and reduce income tax avoidance

Martin Richmond
clock • 4 min read
IFS calls for pensions death tax overhaul

An overhaul to the tax treatment of pension pots after death would improve the fairness of the tax system, according to the Institute for Fiscal Studies (IFS).

The IFS's Death and taxes and pensions report - published today (15 December) - found defined contribution pensions are being increasingly used by savers to bequeath their retirement savings after ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Should the government now set out a timetable for increasing AE contributions?

Buzz: Should the government now set out a timetable for increasing AE contributions?

AE contribution rates, guided retirement and pension risk transfer transactions

Professional Pensions
clock 28 September 2026 • 1 min read
Pensions UK urges government to set out timetable for AE rate rises

Pensions UK urges government to set out timetable for AE rate rises

Trade body says 82% of working-age adults see pension under-saving as a key challenge

Martin Richmond
clock 28 September 2026 • 3 min read
Industry urges HMRC to provide more clarity on NMPA increase

Industry urges HMRC to provide more clarity on NMPA increase

Change to NMPA must protect schemes from ‘unnecessary administrative complexity’

Martin Richmond
clock 28 September 2026 • 7 min read
Trustpilot