Can I gift a pension annuity as surplus income inheritance tax-free?

Having paid 40 per cent tax on those earnings, I'd rather not end up with it getting caught by inheritance tax too, so I'd like to give it away now.

Can I gift a pension annuity as surplus income inheritance tax-free?
Having paid 40 per cent tax on those earnings, I'd rather not end up with it getting caught by inheritance tax too, so I'd like to give it away now.