We have responded to the Government’s Technical consultation on Inheritance Tax on pensions: liability, reporting and payment, highlighting the key points we believe they need to consider.
These include the need to consider consumer duty/outcomes, the frequent occurrences of illiquid investments in SIPPs and SSASs when it is proposed that IHT due will need to be paid within six months and the complexities involved when personal representatives might be dealing with a large number of pension scheme administrators.
Click here to read our full response.
