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Dealing with tax on unspent pension pots of the dead- Steve Webb

Steve Webb had delivered a set last week which to some extent he repeated this week, outlining the issues for those involved in dealing with unspent pensions of someone who has died.

We can include the transcript of what Steve worked from. LCP have kindly made available to those who went to this event the summary


The bigger picture came at the end

Steve Webb has simplified the potential impact on pensions of a November 26th budget.

If you want to read the document , it’s here and you can download it 

Webb refers in the paper to the 2021 budget when he was pension minister and had no control of what Osborne did.  Here Webb casts his mind back as well as projecting forward till November 26th 2025.

To find out the detail of the arguments, check out the document.

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