State pensioners rush to gift cash to friends and family ahead of rule change under Andy Burnham

State pensioners rush to gift cash to friends and family ahead of rule change under Andy Burnham

Big changes incomingState pensioners are frantically trying to gift their cash to friends and family ahead of a law change under Andy Burnham. The Labour Party government is poised to make major changes to the scope of inheritance tax from April 2027, bringing in pension pots for the first time.

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Reported by birminghammail.co.uk.

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