Four-in-10 UK beneficiaries unsatisfied with their IFA
As £327bn expected to be passed down by Britain’s wealthy in next decade
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As £327bn expected to be passed down by Britain’s wealthy in next decade
Disputes have the ‘potential to bring out the worst in people and destroy families’
They believe they will inherit over £200,000 more than they will actually get
SunLife found average sum passed down was just under £75,000
She was denied money from her late husband’s £30m estate to pay for medical expenses
Canada Life found 15% of Brits aged between 16 and 54 revised plans based on what they expect to get
Only 24% of UK parents have openly discussed planning matters with their children
Calls to expand reach of dormant asset initiative to investments and other financial products
Canada Life’s survey highlights people need to have ‘frank and honest’ inheritance conversations
Hidden treasures around the home should be professionally valued, says Zurich
The UK government hauled in £5.2bn ($7.2bn, €5.9bn) of inheritance tax receipts during the 2017/18 tax year, a figure 8% higher than the previous year.
An estimated one million people have opted for self-invested personal pensions (Sipp) as they offer a wide choice and the freedom to invest almost anywhere. Hargreaves Lansdown have put together some of the lesser-known facts about the increasingly popular retirement vehicle.