Pension scams: Britons warned over criminals offering inheritance tax loopholes

T he caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system . From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net. The forthcoming change has caused you some anxiety so this opportunity sounds promising. …