Industry experts have praised HMRC's decision will do a U-turn on plans to impose a new pensions death tax on pension scheme members who die before the age of 75.

Only one in 10 financial advisers support the government’s proposed changes to the tax rules on pension death benefits.

More people will put commercial property into Sipps and SSASs as a result of the end of the death tax, a Sipps firm has predicted.

A pensions company has warned that the axing of the 'death tax' announced today by the Chancellor has created a "massive dilemma" for members of final salary pension schemes approaching retirement.