03/09/2026
Pensions and Inheritance Tax: What’s likely to change from 2027
Pensions have, up to now, generally not being subject to Inheritance Tax. That position now looks likely to change.
From April 2027, most unused pension funds are expected to be brought within your estate for Inheritance Tax purposes.
Key legal points:
• From 6th April 2027, unused pension value may form part of your estate
• Administrators may become responsible for reporting and paying IHT on pension funds
• Misalignment can lead to delays, disputes or unintended outcomes
If these changes go ahead, they could affect how your Will functions and what your beneficiaries receive.
Reviewing your Will and pension nominations together now reduces the risk of confusion later.
Want to know more? Read the full article here - https://fsmsolicitors.co.uk/pensions-and-inheritance-tax-change-from-2027/