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If your scheme does not offer drawdown, you should be able to transfer the total account (both credit and investment sections) to a scheme that does. You can request confirmation of the transfer value ...
Here, experts explain what generally happens to your pension after death. Inheritance rules regarding the state pension can ...
The value of gifts made using a little-known inheritance tax loophole has nearly tripled in a year as families look for ways ...
When you start a pension, the system creates a personal transfer balance account that tracks all your retirement phase transactions for life.
From 6 April 2027, bereaved families will pay inheritance tax on unused pensions and death benefits, as the government has said it is pushing ahead with its plans.
A possible reason for delays in transferring a pension can be application of rules introduced by the Government to help protect people from scams ...
Keeping your pension account as large as possible and running down your accumulation account is a sensible strategy.
HMRC has warned that anyone with a pension pot could be at risk of accidentally committing tax avoidance and costing more ...
Relatives, not pension schemes, will be responsible for working out the extra tax, the Government has confirmed.
MERGING your pension pots can boost your savings by thousands of pounds – but there are seven things you need to consider ...
An HMRC shake-up under the Labour Party could see families of someone who dies aged 75 or over have 40 per cent of any ...
The HMRC shake-up under the Labour Party government could see families of someone who dies aged 75 or over have 40 per cent ...