The former pensions minister warned Rachel Reeves's proposals will cause administrative chaos, huge delays for bereaved families, extra costs for all pension providers and long-term damage to future defined contribution pensions.
She said: "Government proposals to tax your pension fund, if you haven't taken all the money out before you die, are disastrous.
"These proposals for imposing IHT on inherited pension funds will cause administrative chaos, huge delays for bereaved families, extra costs for all pension providers and long-term damage to future DC pensions, as people are incentivised to take the money out as quickly as possible to avoid the draconian death taxes."
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Denne historien er fra January 28, 2025-utgaven av Daily Express.
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MI5 misled court over spy's machete attack on woman
SPY chiefs yesterday apologised for giving \"incorrect information\" to the High Court.
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Christian sacked from school wins LGBT legal battle
A CHRISTIAN school worker who was fired after sharing Facebook posts objecting to LGBT+ relationship education yesterday won a Court of Appeal battle.
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Fury of murdered MP's daughter over terror blunders
THE daughter of murdered MP Sir David Amess has accused officials of \"utter stupidity\" after a review found vital chances to stop ISIS fanatic Ali Harbi Ali were missed.
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SOME sex offenders and domestic abusers will not have to finish their rehabilitation courses because of the Probation Service crisis, Shabana Mahmood admitted yesterday.
AHMEDA-BAD
But Buttler defends England over 'lazy' jibe after latest flop
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WEIGHT-LOSS injections slash alcohol cravings and can curb heavy drinking, research has suggested.
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Jellycat shoplift spree 'to spoil grandchildren'
A WOMAN who stole £440 of Jellycat soft toys told police she wanted them as gifts for her newborn grandchildren.
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'Horrendous call told me Harvey had been stabbed'
A HEARTBROKEN mother has told of the \"horrendous\" moment she learned her teenage son Harvey Willgoose had been fatally stabbed.
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Driving too fast 'top cause of deaths'