Tag: pensions inheritance tax
Rachel Reeves’ tax raid prompts spike in money-giving planning
One financial advisor has reported a “four-fold increase” in clients cashing in their tax-free pension portion to give to their children. …
Families could pay up to 70.5% tax on unused pension funds after Reeves’s Budget
The new pension policy set to take effect will have a “massive” impact on families and their estate planning, an expert has said. …
