Fears are mounting that new pensions rules could coerce elderly people into requesting assisted suicide so that their loved ones do not inherit enormous tax bills.

At present, if a person dies before they reach the age of 75 then that individual's pension is passed on without the deduction of income tax of up to 45 per cent.

According to the Daily Telegraph, the death of a person aged 75 or over with £500,000 in their pension pot would mean that the person inheriting it could have to pay £225,000 in income tax if they requested a lump sum.