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Paraplanners Assembly 2025: Pensions, death and taxes

18 Feb 25 60 min watch

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?

Les Cameron (Head of Technical, M&G Wealth)
Richard Allum (Paraplanners' Assembly)

60 minute video (approximately)     I     Structured CPD accredited by CII and CISI 

Learning outcomes

By the end of this session, you will be able to:

  • Describe the tax treatment of pension schemes on death
  • Explain the key elements of creating an IHT plan
  • Evaluate potential solutions for individuals whose pensions may be caught up in the IHT net

Download the slides

Claiming your CPD

A. When did the requirement to buy an annuity at 75 go?

  1. 2006
  2. 2011
  3. 2015

B. When was the lifetime allowance abolished?

  1. 2023
  2. 2024
  3. 2025

C. When are all pension funds expected to be in scope for IHT?

  1. April 2027
  2. April 2027 but only if die after 75
  3. April 2027 but only if die before 75

A. When did the requirement to buy an annuity at 75 go?

  1. 2006
  2. 2011
  3. 2015

B. When was the lifetime allowance abolished?

  1. 2023
  2. 2024
  3. 2025

C. When are all pension funds expected to be in scope for IHT?

  1. April 2027
  2. April 2027 but only if die after 75
  3. April 2027 but only if die before 75

Before collecting your certificate, please take a moment to provide us feedback on this session, please email prudential.distribution.team@prudential.co.uk

Complete the form below and we’ll email your CPD confirmation to you. Please use the email address that you would usually use when contacting us.

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