- Aim shares in pensions could offer no IHT relief
- Illiquid assets in pensions could cause problems for families
It is unlikely Aim-traded shares held in pensions will provide inheritance tax (IHT) relief after April 2027, advisers have warned.
In last month’s Autumn Budget, chancellor Rachel Reeves announced that from April 2027, pension pots will be included in a person’s estate when they die and subject to IHT. Meanwhile, from April 2026, IHT relief on Aim shares will be halved – qualifying shares will no longer be IHT-free but taxed at 20 per cent.