Two thirds (67%) of people say they are unaware that it is only months until most unused pensions are included in an individual’s estate for IHT purposes, despite understanding that the new rules will apply to them.

Royal London has added an estate planning tool to its adviser support suite to help advisers identify clients who may be affected by the addition of IHT on unused pensions.

Inheritance Tax (IHT) receipts in July totalled £868m, up £26m compared to the £844m recorded in July 2025, according to figures released by HMRC today.

Estates worth more than £10m have driven the vast majority of the latest rise in inheritance tax liabilities, according to new analysis.

The average tax bill for an IHT-paying estate climbed 9% year-on-year to £231,000, according to the latest HMRC stats.

Three-quarters, 74%, of savers are unaware that their pension pots will become subject to inheritance tax in 2027, according to a new snap survey from workplace pension provider Penfold.

Inheritance tax receipts reached £2.3bn between April and June, up £96m on the same period last year, according to new figures issued by HMRC today.

The number of higher-rate income taxpayers could double to around two-thirds of all taxpayers by the 2075/6 tax year, according to analysis from the Office for Budgetary Responsibility.

Financial Planners working for wealth and investment manager Rathbones have reported a surge in enquiries about the looming imposition of Inheritance Tax on unused pensions in 10 months' time.

Inheritance tax (IHT) receipts rose 2% to £8.5bn in the 2025/26 tax year (2024/25: £8.2bn), marking a fifth consecutive annual record.

Financial Planners and advisers are getting ahead of the impending levy of inheritance tax (IHT) on unused pensions from April next year by using options such as tax wrappers, lifetime gifting and earlier drawdown.

Inheritance tax has continued its upward trajectory with receipts for the 11 months April 2025 to February 2026 of £7.7bn, £0.1bn higher than the same period last year.

The decision to include unspent pension pots in the IHT tax net - announced in the 2024 Budget - is leading to larger pots being run down by those seeking to reduce potential tax bills, according to LCP partner Steve Webb.

The looming impact of inheritance tax on unused pensions from April next year is spurring a third of parents to reconsider their inheritance plans.

A House of Lords committee report has warned that bringing pensions into the scope of inheritance tax (IHT) will cause ‘significant delays and costs’ under the currently proposed rules.

More than 120,000 new trusts were registered in 2024/25, pushing the total number of active trusts to about 835,000 - a move some experts suggest is being inspired by fears about the impending levying of Inheritance Tax on unused pensions from April next year.

c receipts from April to October totalled £5.2 billion, £200m higher than the same period in 2024.

SSAS provider and administrator WBR Group has launched a new Inheritance Tax (IHT) calculator to help advisers cope with the government’s planned changes to IHT and pensions.

Pensions consultancy LCP has urged the Government to make major changes to ensure that new inheritance tax rules are implemented fairly and effectively.

A fifth of HNW individuals aged 55 and over (19%) are unaware that unused private pensions will be liable for inheritance tax from April 2027.