A New Era for Pension Inheritance Big changes are coming! Starting April 6, 2027, pensions will be subject to Inheritance Tax (IHT), shifting how we think about intergenerational wealth transfer. Key Highlights: - From 2027, unused pension funds will count toward your estate, potentially leading to hefty tax bills for beneficiaries. - The IHT threshold remains at £325,000 until April 2030, which could impact more families as asset values rise. - Unmarried partners may face disadvantages, as their benefits could incur IHT charges. - Consider gifting during your lifetime to take advantage of the ‘seven-year rule’ and explore tax-efficient options like ISAs. This change prompts us to rethink our financial legacies. Want to know how it affects your strategy? Reach out for personalized guidance! #retirementplanning #wealthmanagement #financialplanning #legacy #inheritance