To ask the Chancellor of the Exchequer, whether she has assessed the potential impact of making pensions subject to (a) inheritance tax and (b) probate on bereaved families.
Most unused pension funds and death benefits will be included within the value of a person’s estate for inheritance tax purposes from 6 April 2027. This removes distortions resulting from changes that have been made to pensions tax policy over the last de...
Pensions: Inheritance Tax and Probate