John Healey new rules for untouched pensions from April 2027

NewsCost Of LivingHMRCChanges from 6 April 202708:22, 06 Aug 2026John Healey will oversee new rules on inheritance tax for unused pensions from 2027. Under the new Labour Party Chancellor, Mr Healey, IHT changes from the tax authority kick in from next spring.‌From 6 April 2027, most unused pension funds and pension death benefits will be brought within the value of a deceased person’s estate for Inheritance Tax purposes.‌The changes were announced under previous Chancellor Rachel Reeves. But Ms Reeves has now been replaced in Number 11 Downing Street by Prime Minister Andy Burnham, who replaced Sir Keir Starmer last month and set about building his own team and Cabinet.‌READ MORE John Healey student loan debt update for 6 million plan 2 studentsTechnical details are now starting to emerge