One in 25 expecting a million pound inheritance – survey
One person in 25 in the UK expects to inherit an estate over a million pounds, according to research from Canada Life.
One person in 25 in the UK expects to inherit an estate over a million pounds, according to research from Canada Life.
More than two thirds of UK consumers with assets of more than £325,000 ($454,305, €370,339) do not know their estate may be liable for an inheritance tax (IHT) bill, according to research by Canada Life.
One of the most common topics prompting advisers to reach out to life companies for support was around chargeable events. With a myriad of changes in recent years, it is little wonder that the already complicated topic has many UK advisers scratching their heads. Canada Life has put together a list of the five most…
Trusts form an important part of UK tax planning and can offer a wide range of opportunities. To advise a client correctly regarding the setting up and maintenance of a trust, it is important to establish if the trust itself is treated as a UK resident trust or a non-UK resident trust, says Canada Life.
Canada Life has expanded its multi-asset range with the launch of five life and pension funds to complement its active range and make its first large-scale push into passive funds.
The portfolio bonds from Canada Life International (CLI) have halved the minimum single and additional investment amounts and increased the maximum age of the youngest life assured by 10 years.
As the headlines focus on the twists and turns of the Brexit talks, is there reason to be cheerful about offshore bond sales into the UK, and could there even be a renaissance for this long-standing HM Revenue & Customs-approved tax wrapper?
The cross-border life industry is in rude health but focusing on technology and change to stay competitive, according to three top executives speaking at International Adviser’s Fund Links Forum.
Canada Life, the UK arm of international financial services group GreatWest Lifeco, has agreed to buy specialist annuity provider Retirement Advantage for an undisclosed sum, the company announced in a statement.
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).
Offshore insurer Canada Life International (CLI) has launched an online valuation tool for international bonds in partnership with information technology services provider Intelliflo.
The UK new non-dom rules which were dramatically dropped from the government’s finance bill has left those who prepared for those changes “in a very difficult position”, says Paul Thompson, tax and estate planning consultant at Canada Life.