Later life planning on the agenda for young Brits
But majority of over 55s are not putting anything aside for old age care costs
Canada Life
-
-
Weighing up the choice between international and UK bonds
Understand the protection of and chargeable gains impact on policyholders
-
Estates worth over £10m hit with half the IHT rate
Freedom of information request highlights deep inconsistencies in UK inheritance tax
-
Concerns DIY retirement planning is on the rise
Only 32% of Brits accessing pension freedoms used an adviser
-
Number of non-advised pension withdrawals ‘concerning’
Only 10% of Brits regret taking money but many in danger of chipping too much at their retirement pot
-
Non-doms urged to act quickly as UK tax window closes
Government scheme to help people transition to domiciled status to end on 5 April
-
UK struggling under ‘epidemic’ of financial illiteracy
Technical terms about pensions keeping clients away
-
UK feeling the financial burden of IHT bills
HMRC figures state nearly 25,000 households were hit by inheritance tax last year
-
Poor pension freedom knowledge opens door for advisers
Firms could ‘reap rewards’ if they endorse inheritance tax incentives to new prospects
-
Top international queries from financial advisers
Inheritance tax, property trusts, moving abroad and chargeable gains questions are among the most common
-
Beneficiaries in ‘dark’ over IHT liability issues
Prudential UK surveyed over 900 financial advisers and found clients are unaware of IHT exemptions
-
One fifth of UK millionaires over 45 will not hand down wealth
Canada Life’s survey highlights people need to have ‘frank and honest’ inheritance conversations