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3 pension changes coming from April 2027 and beyond…

1. IHT on pensions - Unused pension pots will now be subject to 40% IHT

2. State & private pension ages increase - Both the state and private pension are increasing to 67 and 57 respectively

3. Salary sacrifice cap - The cap on salary sacrifice contributions into your pension will be capped at £2,000 per annum

What do you think of these changes?

#personalfinance #learn #tax #money

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