Part of the debate – in the House of Lords at 2:58 pm on 17 November 2025.
Lord Davies of Brixton
Labour
2:58,
17 November 2025
May I welcome my noble friend’s clear statement that the purpose of a pension fund is to provide pensions and not to assist the better-off in estate planning? Does he agree with me, given the frequent press comment that inheritance tax is, in many senses, a voluntary tax, that anyone will be able to avoid paying the higher rate of tax with a modicum of planning?