Haatch says unused DC pensions face inheritance tax from April 2027 under Finance Act 2026

• Haatch flagged UK Finance Act 2026 changes from April 6, 2027 that pull most unused DC pensions into estates for inheritance tax.
• Spousal exemption remains, but the tax impact is expected to fall on second death when wealth passes to adult children.
• Haatch estimated effective leakage of 52% to 75% on surplus pensions, driven by 40% inheritance tax plus beneficiary income tax post-75.
• Personal representatives may need cash upfront, raising executor liquidity risk before pension assets are released.
• Haatch said EIS and SEIS can offset withdrawal income tax, but warned the approach is high-risk, illiquid, and unsuitable for most.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Haatch Ltd published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.