From April 2027, your pension is going to become part of your estate - and that could have a big knock-on effect for your family.

In just under 18 months, pensions will become liable for inheritance tax. This is a big change - one that could make a substantial difference to how much of your wealth actually stays in your family.

They say paying tax is one of life’s few certainties, but with smart financial planning, it’s also one of the most controllable. Acting early and not waiting for the rules to change is the key.

In this episode, CEO of Murphy Wealth, Adrian Murphy, explains why planning ahead can help families save huge sums, while those who delay could lose more to the taxman than they realise.

This content is not financial advice. For guidance tailored to your unique needs and goals, please consult a qualified financial advisor.

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