Government moves forward with IHT/pension plans from April 2027

Move expected to raise £1.5bn annually

Sahar Nazir
clock • 2 min read
Government moves forward with IHT/pension plans from April 2027

The government is pushing ahead with plans to include pensions within inheritance tax (IHT) from April 2027 but has made some adjustments to its implementation plans.

The move is expected to raise £1.5bn a year by 2029/30, with the average IHT burden expected to increase by £34,000. The plans were confirmed by the government on Monday (21 July). From April 6 ...

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 Law and Regulation

FCA transfer proposals 'a big step forward' for savers

FCA transfer proposals 'a big step forward' for savers

But People’s Pension disappointed FCA did not recommend a ban on transfer incentives

Jonathan Stapleton
clock 12 December 2025 • 3 min read
FCA to consult on pension charge cap

FCA to consult on pension charge cap

Watchdog wants to ensure members not disincentivised by higher performance fees

Jonathan Stapleton
clock 11 December 2025 • 1 min read
How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

The far-reaching implications for pools, partner funds and investment advisors

Charlotte Moore
clock 10 December 2025 • 8 min read
Trustpilot