Rejected petition: Stop Labour's planned taxation of unused pension funds on death.
Rejected on
Pension savings: Labour will now end the ability to leave a
pension fund free of IHT on death from 6 April 2027. Unused pension funds and death benefits payable from a pension into a person’s estate will become chargeable, restoring the position before the 2015
pension reforms.
This will destroy many pension savers future plans and cause immense upset.
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/700306
We only reject petitions that don’t meet the petition standards.