SIPP changes due to 2024 budget changes.

I have an untouched Sipp and I want to know if with regard to the new2024 budget changes will it be possible to leave my SIPP to my chosen charity in the future without incurring a tax penalty on the value of the SIPP? Thank you.

Hi,
As announced at Autumn Budget 2024, from 6 April 2027 most unused pension funds and death benefits will be included within the value of a person’s estate for Inheritance Tax purposes.  This will cover the value of any remaining pension funds that they held and most death benefits payable to beneficiaries.  
Pension Scheme Administrators will become liable for reporting and paying any Inheritance Tax due on pensions to HMRC.
 If you are concerned about how these changes will impact you personally, you should speak to your financial adviser or pension scheme, but further guidance and legislation will be published in good time before 6 April 2027.
Thank you.