The way pensions are treated for inheritance tax (IHT) is set for a big shake up in April 2027 when unused pension funds will count as part of a client’s estate and become liable to IHT. 

In preparation for the change, the government announced a consultation on the liability, reporting and payment of IHT at last October’s Budget.

That consultation ended late last month. But what are its conclusions likely to be? And what do paraplanners need to know now so you, your firm and its clients are ready when the reforms go live?

What do you and your clients need to know?

Join us online at 1pm on Wednesday 19 February 2025 as technical specialist Les Cameron from M&G explores what the changes could mean for paraplanners and clients.

What you can expect to take away from this Assembly?

Together with Assembly host Richard Allum, Les will share his thoughts on how the new IHT framework will affect pension death benefits after 2027. Expect the conversation to cover things like:

Whether it makes sense to think about taking money out of pensions earlier than planned

Why bypass trusts might be making an unexpected comeback

How the pension reforms could affect red-amber-green assessment

Practical steps paraplanners can take now to prepare for the changes

There will be plenty of time for questions so, whether you're wondering about specific client situations or broader planning strategies, this is a great chance to gain expert insight into a big change for pension planning.There will be plenty of time for questions so, whether you're wondering about specific client situations or broader planning strategies, this is a great chance to gain expert insight into a big change for pension planning.

Plus, there’s one hour’s CPD available when you tune in.

Les Cameron on pensions, death and taxes