20/01/2026
With the upcoming changes to pensions forming part of your estate for Inheritance Tax purposes as of April 2027, we have been working with our clients on the options they have to help mitigate IHT.
One of these options is a Whole of Life Policy.
Though these policies are more expensive than ones with a finite time for a payout, they can very well add value in the long run.
In our latest Insight, we look at what Whole of Life Policies are, how a pension might be able to help you cover the cost, and give an example of the financial figures around this option.
https://www.bigmoreassociates.com/whole-of-life-policy/
Note: This article is not intended to be an indication of advice. Each person's circumstances and needs are different. Therefore, it is important to seek personalised advice from a qualified financial adviser to discover what it best for you.
Having a whole of life policy can ensure your loved ones are financially looked after upon your death. Here's how.