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Inheritance tax change bringing pensions into IHT scope

Upcoming Event
Tuesday 6th April, 2027 The UK is changing inheritance tax rules so most unused pension pots and pension death benefits will count as part of a deceased person’s estate for IHT from the implementation date. This gives Wise a timely PR moment because customers with UK-linked multi-currency accounts and business clients sending or receiving cross-border pension-related payments may need help understanding reporting, valuation and cashflow implications for IHT in the UK.
Why have we flagged this?

Strong alignment — Wise can explain cross-border pension payments, provide data on affected customers, offer guidance on valuation/reporting and launch tools or content to help clients manage cashflow and probate implications; there are clear proactive (how-to guides, calculator, product tweaks) and reactive (expert comment) opportunities in the UK market.

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