Isle of Man disclosure rules finally hit insurance sector
Business code leads firms away from ‘certain countries and adviser groups’
Canada Life
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Five million UK adults playing ‘inheritance roulette’
Canada Life found 15% of Brits aged between 16 and 54 revised plans based on what they expect to get
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Brits unsure where to access financial advice
Lack of trust and understanding of the industry creating additional barriers
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Time crunch for HMRC to appeal top slicing tax relief ruling
Judgement has ‘widespread consequences’ for financial planners
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Many UK retirees lose out on tax and investment incentives
Because they are accessing the pension freedoms without advice
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Equity release funding retirement for 21% of Canada Life users
Property wealth is starting to sit alongside more traditional sources of income like pensions and savings
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UK taxman collected record £5.4bn from IHT last year
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
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Long saving breaks can impact ‘quality of life in retirement’
Young adults are balancing financial challenges but need to make sure they contribute to pension
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Top 3 inheritance tax queries from financial advisers
IHT is a complex issue for many wealthy clients but Canada Life is asked about these issues the most Click through the slides below for more information
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Canada Life adds more generous equity release product
It will be available to homeowners aged 60+ who can borrow up to £1m against their house
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Inheritance – one of the last ‘taboo’ topics
Only 24% of UK parents have openly discussed planning matters with their children
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Surging IHT receipts leave British government clueless
There’s been a nearly 50% increase between February and March 2019