But pensions have been caught by the previous changes around inheritance tax, haven't they?

Correct.

I think this is probably the first budget in goodness knows how long that hasn't been a bit of tinkering.

Now, obviously, the headline is the fact that anything left in a pension on death is going to now be subject to inheritance tax, I say now, past April 2027.

But there has just been tinkering left, right and centre in relation to pensions over the years.

And it just means that people shy away from investing in them because they think, in the main, incorrectly, that it's all very negative.

They forget the fact that you get tax relief on making a pension contribution.

How would you go about doing that with a client?