UK Retirees Spark £8bn Gifting Boom to Dodge Inheritance Tax on Pensions

RecentNews.uk

Retirees are driving an £8bn gifting boom to protect accumulated savings.

New rules are making inheritance tax on pensions a major concern for savers.

Advisers warn that lifetime gifts must navigate strict seven-year rules.

Households are balancing tax efficiency with their own long-term care needs.

Are you planning to gift money to younger family members to avoid tax?

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