Surging IHT receipts leave British government clueless
There’s been a nearly 50% increase between February and March 2019
There’s been a nearly 50% increase between February and March 2019
But majority of over 55s are not putting anything aside for old age care costs
Understand the protection of and chargeable gains impact on policyholders
Freedom of information request highlights deep inconsistencies in UK inheritance tax
Only 32% of Brits accessing pension freedoms used an adviser
Only 10% of Brits regret taking money but many in danger of chipping too much at their retirement pot
Government scheme to help people transition to domiciled status to end on 5 April
Technical terms about pensions keeping clients away
HMRC figures state nearly 25,000 households were hit by inheritance tax last year
Firms could ‘reap rewards’ if they endorse inheritance tax incentives to new prospects
Inheritance tax, property trusts, moving abroad and chargeable gains questions are among the most common
Prudential UK surveyed over 900 financial advisers and found clients are unaware of IHT exemptions