FORTHCOMING CHANGE: At Autumn Budget 2024 on 30 October 2024, the government announced it will apply inheritance tax to most unused pension funds on death with effect from 6 April 2027. These changes are brought in by Finance Act 2026 and affect the way in which personal representatives will need to report on the value of pension death benefits from 6 April 2027. For more information, see Practice Note: Hot topic—the