New programme launches to prepare advisers for landmark IHT and pension rule changes

TFAS Compliance Services has announced the launch of its '2027 Ready Programme' - a multi-partner initiative designed to ensure advisers are fully prepared for the most significant changes to inheritance tax (IHT) and pension planning in a generation.

From 6th April 2027, most unused pension funds and death benefits will become subject to inheritance tax for the first time, following changes announced in the Autumn Budget 2024.

The 2027 Ready Programme provides advisers with access to a dedicated resource hub housing a library of support materials, including technical articles and guides, exclusively created videos and access to calculators and client facing material. 

From a compliance perspective, TFAS has created a tool kit including a pension succession decision tool, guide to changes, planning measures and adviser considerations, client scenarios, frequently asked questions and an April 2027 readiness plan.

September 2026 will see the launch of a webinar series with specialist partners including Aegon, Downing, M&G, Aviva and Columbia Threadneedle.

The Programme also includes a broader approach to later life planning. TFAS recognises that the pension IHT changes do not exist in isolation and sit alongside questions of wills, lasting powers of attorney, probate and the growing challenge of care fee planning. With this in mind, the Programme features support from MyCare Consultants and Beneficial Trust and Will Company.

The programme also includes dedicated consumer-facing campaigns created by The Outsourced Marketing Department (TOMD) for advisers to use with existing and potential clients. The range of material includes articles, social media posts, video, html emails and guides. 

Richard Ardron, chief commercial officer of TFAS Enterprises, commented: "The April 2027 changes represent one of the most significant shifts in financial planning we have seen in decades. Advisers who are well-prepared will be best placed to serve their clients and to grow. The 2027 Ready Programme is our commitment to making sure no adviser is left behind."

Graham Finlay from Columbia Threadneedle Investment added: "Bringing pension death benefits into the estate for IHT represents a significant shift, arguably the biggest change since the 2015 pension freedoms transformed retirement planning. Advisers will need to reconsider how clients build, use and pass on pension wealth, alongside wider estate planning strategies. We’re delighted to be partnering with TFAS on this programme, helping advisers develop the knowledge and practical planning considerations needed to respond confidently to these far-reaching reforms."