Inheritance Tax Shake-up Pushes Pensioners to Make £1.4billion Gamble - What You Need to Know

Inheritance tax shake-up pushes pensioners to make £1.4billion gamble - what you need to know

Older pension holders are racing to pull money out of their retirement funds ahead of the inheritance tax (IHT) shake-up due in April 2027, with new figures revealing a dramatic spike in activity.Data from Lubbock Fine Wealth Management shows that individuals aged 75 and above took out £1.4billion in lump sums from private pensions in the most recent year on record, representing a 35 per cent jump compared with the £1billion withdrawn in the pri…

'Rachel Reeves launched brutal inheritance tax grab - get ready to fight back'

ANALYSIS - HARVEY JONES: Rachel Reeves may have been fired as Chancellor but one of her biggest tax grabs is yet to come into force.