drawdown income tax

Navy pension pot filled with gold coins beside inheritance tax documents and estate planning books, with Big Ben in the background, illustrating the proposed pension IHT changes from April 2027
Financial Literacy, Investing, Pension, Wealth Building

Pension Inheritance Tax 2027: What Changes, Who Is Affected, and What to Do Now

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Under proposals announced in the Autumn Budget 2024, your unspent pension pot is expected to be counted as part of your estate for inheritance tax from 6 April 2027. This guide explains what the proposals mean, who is likely to be affected, and the planning strategies you can consider in the window before the changes take effect.

Hero image for crystallised pension article showing a man researching pension crystallisation on a tablet, with a side by side comparison of uncrystallised funds showing pension still growing and tax-free cash available versus crystallised funds showing pension accessed and withdrawals taxable
Financial Coaching, Financial Literacy, Pension, Tax Planning, Wealth Building

What Happens When You Crystallise Your Pension and Is Now the Right Time?

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Learn the difference between crystallised and uncrystallised pension funds, what happens at a crystallisation event, and why taking your pension in stages can significantly reduce your income tax bill in retirement.

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