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HMRC has been urged to improve the draft legislation relating to inheritance tax on pensions, with the Society of Pension Professionals (SPP) warning that changes are needed to ensure it better delivers the original policy intent and avoids unintended consequences.

Although the pensions industry welcomed the news that HMRC had made amendments to its plans to address industry concerns, the SPP said that, despite these improvements, there are "still some issues to iron out"








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