The Treasury has still not changed the law to set in stone that drawdown funds are not subject to inheritance tax (IHT), despite telling PP five months ago that it would.
In June the Treasury told PP that HMRC would "very shortly" issue guidance to make it absolutely clear that IHT will not apply to drawdown funds and that legislative changes would soon be made to r...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders