IHT pensions changes expected to drive 'strong interest' in annuities

Though ‘ambiguity’ persists on annuities treatment, retirement planning expert says

clock • 3 min read
IHT pensions changes expected to drive 'strong interest' in annuities

The Budget announcement that inheritance tax (IHT) will apply on pensions from 2027 could make annuities more popular, a retirement specialist has predicted.

"With the imposition of inheritance tax on pensions from 2027 announced in the Autumn Budget, I expect we'll continue to see very strong interest in the annuities market as people look to secure ot...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry split on government decision to maintain AE thresholds for 2025/26

Industry split on government decision to maintain AE thresholds for 2025/26

PP survey shows no consensus on whether thresholds should have been maintained

Martin Richmond
clock 04 February 2025 • 2 min read
Trustee Sustainability Working Group sets out key priorities for 2025

Trustee Sustainability Working Group sets out key priorities for 2025

Helping industry put in place a transition plan for larger schemes among aims for the year

Jonathan Stapleton
clock 04 February 2025 • 2 min read
MPs to scrutinise use of AI in financial services following DeepSeek launch

MPs to scrutinise use of AI in financial services following DeepSeek launch

Call for evidence now open, with 17 March deadline

Eve Maddock-Jones
clock 04 February 2025 • 3 min read
Trustpilot