Description

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 in January 2025. 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?

Well that's where technical specialist Les Cameron from M&G comes in. Because Les joined host, Richard Allum, to explore what the changes could mean for paraplanners and clients.

What you can expect to take away from this Assembly?

Les shares his thoughts on how the new IHT framework will affect pension death benefits after 2027 and, in a wide-ranging talk, covered things like:

• Whether it makes sense to think about taking money out of pensions earlier than planned
• Why bypass trusts might be making a 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.

Interested? Then tune in now. And don't forget to grab one hour’s CPD by following the link below.

Useful links

Here are useful links and downloads from this event. M&G Wealth have created a dedicated page for this event where you can take a quiz to receive a record for your CPD. Just follow the link to grab your certificate.

Grab your CPD: take the quiz at M&G's site

Watch this Assembly at Vimeo (without Chat)

Watch the Replay on Crowdcast (with Chat)

Slides: download Les's presentation

Hosted on Acast. See acast.com/privacy for more information.