Understanding how removing the pensions exemption
could affect your legacy
For decades, UK savers have relied on pensions not only for retirement income but also as a highly tax-efficient way to pass on wealth. Under current rules, pension pots generally fall outside your estate for Inheritance Tax (IHT) purposes. However, a significant shift is on the horizon. From 6 April 2027, the government will remove this long-standing exemption, bringing unspent pension wealth within the scope of IHT.
Monthly Archives: May 2026
Taking charge of your retirement
Empowering your future with greater pension freedom
Planning for retirement is a crucial step in securing your financial stability for the years ahead. For those seeking greater involvement in how their pension savings are invested, a Self‑Invested Personal Pension (SIPP) can offer a flexible and innovative option.
Protect your life insurance payout from Inheritance Tax
An increasing number of estates are falling within the tax net every year
An increasing number of estates are falling within the Inheritance Tax net each year, largely due to rising property prices and frozen tax thresholds. The Office for Budget Responsibility forecasts that HM Revenue & Customs (HMRC) will collect £8.7 billion in Inheritance Tax for the 2025/26 tax year[1].
‘Unretiring’ is reshaping our understanding of later life
Has the financial reality of retirement fallen short of expectations?
Amid rising living costs and market uncertainty, ‘unretiring’ is a growing trend. Research shows that one in six retirees (16%) have either returned to work (8%) or are strongly considering doing so (8%)[1]. While some return for personal fulfilment, 24% cite loneliness or social disconnection as key reasons.
Long-term investing
Geopolitical concerns and the importance of staying the course
Geopolitical events, such as those in the Middle East, often introduce uncertainty into global markets, affecting energy prices, trade routes and investor sentiment. While these events can be unsettling, reacting impulsively may lead to missed opportunities and unnecessary losses.