From April 2027, unused pension funds will be brought into inheritance tax for the first time, with effective combined tax rates potentially reaching 67% — here is what UK families need to understand and consider before the rules change.
Britain faces a retirement crisis as demographic changes and inadequate savings threaten to leave tomorrow's pensioners significantly poorer than today's retirees.
We break down the key measures from Budget 2025, including extended tax threshold freezes, salary sacrifice changes, ISA reforms, and support for pensioners and lower-income families.
