Financial heavyweights join forces against chancellor's IHT/pension plans

AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor CEOs send joint letter

Jenna Brown
clock • 2 min read
Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury
Image:

Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury

The chief executives (CEOs) of four financial services giants - AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor – have jointly written to chancellor Rachel Reeves opposing the way the government plans to introduce inheritance tax (IHT) to pensions.

The big name firms, which collectively manage £430bn of investments for 3.4 million people, joined forces to oppose the methodology behind the tax policy which is due to come into force in April 20...

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