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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

Can you move your pension to dodge inheritance tax? Fraudsters say so

Pension scams often start with emails, calls or messages arriving out of the blue.
Pension scams often start with emails, calls or messages arriving out of the blue. Photograph: Moon Safari/Alamy

The caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system.

From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net.

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