Pension Drawdown After Death Lantern

When you spend years building a pension pot, it is natural to think about the income it will provide during retirement. But what happens to that money when you die? For many people, the answer used to be straightforward: pensions sat outside your estate for inheritance tax purposes, and any remaining funds could pass to your beneficiaries with minimal tax. That is about to change. From April 2027, the rules around pension drawdown after death are shifting in ways that could