Pensions & Inheritance Tax · 2026/27 changes
Your pension may no longer sit outside your estate
From April 2027, most unused pension funds and death benefits will count towards Inheritance Tax (IHT). If you’ve built up a pension pot with the intention of passing it on tax-efficiently, now is the perfect window to review your plan.
Download our guide below to learn more about the changes and how they could affect your situation. Or if you would like to talk through your options, schedule a call with a Lumin Financial Consultant.
- Independent advice
- No-obligation
- Complimentary first meeting
What's changing
Pensions move inside the IHT net for the first time
Oct 2024
Government confirms pensions will be brought into the estate for IHT purposes.
2025–26
Consultation and draft legislation; pension schemes prepare for reporting changes.
Now
The window to review nominations, gifting and estate structure before the rules shift.
6 Apr 2027
Most unused pension funds and lump-sum death benefits become part of your taxable estate.
DOWNLOAD OUR GUIDE
What changes are coming and what can you do next?
The rules governing how pensions are treated on death are being rewritten. Discover whether the changes will impact you by downloading our comprehensive guide below.
Free guide
"Title"
A practical run-through of everything you need to know in the build up to April 2027 so that you can start the new tax year on the front foot.
Key takeaways:
- An understanding of the upcoming changes to pensions and Inheritance Tax (IHT)
- Whether you’re prepared for the incoming changes
- Key financial planning considerations
- Why early financial planning matters
GUIDE
"Title"
RESOURCES
Learn more about pensions and IHT
More detail from our Knowledge Hub, downloadable factsheets, and Lumin’s ‘Financial Illumination’ podcast.
KNOWLEDGE HUB
Is your pension IHT-proof or about to take the hit?
What is actually changing and how could it impact you? Our Financial Consultant, Alex Pegg, breaks down the latest developments surrounding pensions and IHT.
FACTSHEET
Top tips on IHT/estate planning factsheet
A collection of our top tips on IHT and estate planning, covering everything from understanding the rules and thresholds to key financial planning considerations.
PODCAST
Pensions enter the IHT net from April
Hosts James Corcoran and Israel Babatunde break down the latest policy changes and the solutions individuals can adopt to protect their pensions and their legacy.
SEMINARS
Pensions & Inheritance Tax
Join our Financial Consultants in-person at one of our regional seminars to understand exactly how the IHT changes will affect your pension and what you can do before April 2027.
- 01What the rule changes mean for your retirement and estate planning strategy
- 02Practical, legitimate ways to reduce a future IHT bill
- 03Live Q&A with our Financial Consultants
- 04Refreshments and time to speak with the team afterwards
Whether you’re planning for retirement or protecting your legacy, these free sessions are designed to help you stay ahead of the curve and make confident, informed decisions for your future and your family. Register via our seminar form.
Free guide
Book your place
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GET IN TOUCH DIRECTLY
Book a meeting with one of our Financial Consultants
If you have specific questions about your estate and how the upcoming changes will affect your situation, arrange a free, no-obligation meeting with a Lumin Financial Consultant.
"Our mission is to help you feel financially confident for retirement."
JASON COPPARD
Chartered Financial Planning Manager
Complimentary first meeting
Understand your options
In this short meeting, a consultant will look at how the incoming rules could affect your specific circumstances and outline the potential options available to you.
Tell us a little about your pensions and estate.
We match you with a Financial Consultant in your area.
Have a free, no-obligation call or in-person meeting at a time that suits you.
Download Guide
Download our guide
Copyright © 2026 Lumin Wealth Limited. All rights reserved.
Lumin Wealth™ is a trading name of Lumin Wealth Limited which is authorised and regulated by the Financial Conduct Authority (FCA) No. 775068.
Registered Address: 2nd Floor, 4 Beaconsfield Road, St Albans, Herts, England, AL1 3RD.
Company Registered in England and Wales—Company No. 03381115
Copyright © 2026 Lumin Wealth Management. All rights reserved
Lumin Wealth™ is a trading name of Lumin Wealth Management Limited which is authorised and regulated by the Financial Conduct Authority (FCA) No. 580185.
Registered Address: 2nd Floor, 4 Beaconsfield Road, St Albans, Herts, England, AL1 3RD.
Company Registered in England and Wales – Company No. 07366158
