17/06/2026
🚨 PENSIONS JUST GOT MORE COMPLICATED (And Your Will Might Need Updating)
Right, here's the thing. From April 2027, the government is changing how pensions are treated for Inheritance Tax. And if you've got a decent pension pot, this could affect your family.
Currently, pensions are one of the few things that escape Inheritance Tax. It's brilliant—one of the best-kept secrets in estate planning. But come April 2027, that changes. Your pension will be counted as part of your estate for tax purposes, just like your house, savings, and everything else.
What does that mean in plain English?
The nil-rate band (the amount you can pass on tax-free) is currently £325k. If your *total estate*—house, savings, investments, AND pension—adds up to more than £325k, your family faces a tax bill. Right now, the pension doesn't count towards that total. From April 2027, it will.
So if you've got a £200k house, £100k in savings, and a £150k pension, your total estate is £450k. That's £125k over the threshold, and your family could face a hefty tax bill.
Who needs to worry about this?
✓ Anyone with a total estate over £325k (including pension)
✓ Business owners (especially important for succession planning)
✓ Families who want to leave as much as possible to their kids
✓ Anyone who's never had a proper chat about their estate plan
The good news? You've got time. If you act *before* April 2027, you can plan around this. If you wait until after, it's too late.
Not sure if this affects you? Drop us a message or give us a ring. We can do a quick chat (no pressure, no charge) and let you know exactly where you stand.
Your family will thank you for sorting it now. 👇
📞 [Your phone number]
📧 [Your email]
🌐 ukwillwriting.com
