This quarter’s edition explores some of the key financial planning topics shaping the months ahead, including the upcoming pension and Inheritance Tax changes taking effect in April 2027, opportunities to make cash work harder, the future impact of AI on the global economy, and the importance of having open conversations about inheritance and family wealth. It also covers retirement planning, investing with confidence, and making the most of tax-efficient savings opportunities.
An excerpt from the newsletter below…
With just six months to go until major Inheritance Tax (IHT) changes come into force on 6 April 2027, we’re urging clients not to leave planning until the last minute. From April, most unused pension funds and pension death benefits will be included when calculating IHT. In many cases, pension death benefits that currently sit outside an estate will instead form part of the IHT calculation, while personal representatives will also take on new responsibilities for reporting and paying any tax due.
Widely regarded as one of the most significant changes to retirement and estate planning in recent years, the reforms are prompting a seismic shift in wealth planning conversations. For families hoping to preserve and pass on wealth efficiently, the implications could be considerable…