Pensions and IHT – the final (ish) chapter

There's a little under 8 months to go until most pensions fall into the IHT net.

Back in March, the Finance Act got Royal Assent, so we've now got a pretty clear picture of the changes coming our way and the tax issues that come with them. Draft Regulations have also landed, giving us a good steer on how the new regime will work in practice.

In this session, Les Cameron, Head of Technical at M&G, takes a look at where we are and what's still up in the air — who'll have a liability, what it'll look like, and how it can be paid.

He'll also run through a few case studies on what can be done to help reduce those liabilities.

The session will last up to 90 minutes with around 30 minutes for Q&A.

The event qualifies for up to 90 minutes of Structured CPD accredited by CII. By the end of the session you will be able to: 

• Identify who will be impacted by the inclusion of pensions in the IHT regime
• Calculate the tax liability of a pension scheme
• Explain the process for pension schemes meeting IHT liabilities and when to use them
• Explain how discounted gift trusts and loan trusts can help meet retirement needs alongside intergenerational tax efficiency. 

Les Cameron, Head of Technical, M&G

Les covers most areas of financial planning, specialising in the pensions technical arena. He joined Prudential in 1997, having held various pensions technical and management roles throughout his career. Les is a Fellow of the Personal Finance Society.   

‘Prudential’ is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered office at 5 Central way, Kildean Business Park, Stirling, FK8 1FT. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company Limited. The Prudential Assurance Company and Prudential Distribution Limited are indirect subsidiaries of M&G plc, a company incorporated and registered in England and Wales.