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flag UK to introduce inheritance tax on unused personal pensions over £750,000 starting 2027.

flag The UK government plans to introduce inheritance tax on unused personal pensions starting in 2027, potentially affecting beneficiaries of pensions valued between £750,000 and £1 million. flag Additionally, WTW has been appointed as the new outsourced chief investment officer for the Plumbing and Mechanical Services UK Industry Pension Scheme, managing a £1.2 billion fund. flag The UK state pension has also connected to a dashboard system, making it easier for pension holders to view their records in one place.

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