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flag UK inheritance tax changes and frozen tax allowance spark concerns among pensioners.

flag UK households are reconsidering estate planning due to upcoming changes in inheritance tax laws affecting pensions starting in 2027. flag Over half of respondents in a survey by interactive investor said pensions are key in their estate planning. flag Meanwhile, 10 million older Brits face increased income tax, with 75% of retirees expected to pay tax within a decade. flag A campaign is urging the government to increase the personal tax allowance for pensioners to £20,000, currently frozen at £12,570 until 2028.

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