Pensions Savings - Topical Tax Issues

Course outline:

The current pensions tax regime structure was launched on ‘D Day’ 6 April 2006. Since then, there has been a plethora of modifications seeking to cap tax incentives, whilst at the same time encouraging a wider uptake of funding for retirement.  

In 2023/24, a number of changes expanded the taxation benefits of pension savings, a move which surprised many and which have not yet been reversed following the change in government.  

However, government is set to bring unused pension funds and death benefits into the IHT charge on death from April 2027.

Further speculation about pensions and tax savings continues to grab the headlines.

This course focuses on tax rules and developments involved in providing for and accessing a pension.

Contents is likely to include:

• Employer (Workplace) pensions
• The Annual allowance (AA)
• Accessing ‘money purchase’ pension funds
• The new Lump Sum and Lump Sum ‘Death Benefit’ Allowances
• Protected pensions (DC)
• The taxation of death benefits

The above content may change depending on new announcements and topical developments.

CPD Hours: 2