Wealth planning

From April 2027, unused pension funds may be subject to inheritance tax. Explore payment options and practical estate-planning steps for beneficiaries.

Pensions will no longer sit outside inheritance tax from April 2027. Find out what the new rules could mean for your retirement and legacy planning.

As we approach the end of the 2025/26 tax year on 5 April 2026, now is a good time to review your finances and make sure you are making full use of the tax allowances and reliefs available to you.

The festive season can be a meaningful time to pass on wealth to family members. Discover the role of gifting in wealth transfer, from UK allowances to structures like Junior ISAs and bare trusts.

Wednesday’s budget has provided much needed clarity after weeks of speculation. Our Wealth Planning team assess the potential outcomes for families, entrepreneurs and individuals in the years to come.

Despite its importance, around half of the UK adult population do not have a will. Here we examine the key reasons why writing a will is essential.

With the Autumn Budget approaching, attention is shifting from headline tax rates to more targeted measures. Our stance is steady and simple: progress the plans you already intended to make, document gifts properly and steer clear of the more alarmist headlines. With suitable preparation and expert advice, individuals can ensure they are well informed and prepared for any changes.

Gifting remains one of the most straightforward and effective ways for families to transfer wealth to the next generation. It can be remarkably efficient from a tax perspective and offer families real flexibility in how they shape their succession plans.

Where pensions were once IHT-efficient vehicles for wealth transfer, HMRC’s stated aim is to curb their use as a tax planning tool and restore their primary function as retirement savings. With these changes, pensions will largely be treated like other estate assets for IHT.