Pondering planning with pensions in an IHT world

 July saw the much anticipated response to the governments consultation on Pensions and IHT.

Now we have a clearer picture of what is ahead, it is now time to ponder what this means for clients financial planning. IHT tails probably shouldn't be wagging the retirement outcomes dog so there will be a need to balance retirement income / care needs against intergenerational efficiency. Pension first in, first out? Just buy an annuity? Do bypass trusts have a role to play? When to act?

Join Les Cameron, Head of Technical at M&G as he ponders planning in a world where pensions are in the IHT net. 

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:

• Explain the changes to pension death benefit taxation from April 2027
• Evaluate different options to mitigate a pension driven IHT liability.

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. 

M&G Wealth is a trademarked brand of the M&G plc group, which includes 3 business divisions as follows:

M&G Wealth Advice as provided by M&G Wealth Advice Limited, registered number: 5739054. 

Model Portfolio Services as provided by M&G Wealth Investments LLP, registered number: 0C305442.

M&G Wealth Platform as provided by Investment Funds Direct Limited, registered number: 11444019. 

Each legal entity is registered in England and Wales and has its registered address at 10 Fenchurch Avenue, London EC3M 5AG. Each legal entity is also a subsidiary of M&G plc and is authorised and regulated by the Financial Conduct Authority.

M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number: 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.