‘Bittersweet’ 4.1% state pension rise confirmed as inflation dips
Payments to increase from £169.50 to £176.45, or £9,175.40 a year
Just Group
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Invesco teams-up with Just Group to roll out retirement product
Risk-rated by Dynamic Planner and available to advisers via the 7IM platform
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Invesco enters strategic partnership with Just Group to launch retirement solution
The new product will combine Invesco’s MPS with Just Group’s Secure Lifetime Income solution
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Autumn Statement 2023: No IHT changes ‘missed opportunity’ for Chancellor
As rumours circulated of potential cuts to the increasingly complex tax
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Nearly 50% of Brits retired without reviewing their finances, survey reveals
With only 1-in-10 consulting an IFA
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3.4m over 75s yet to arrange a Power of Attorney
As older retirees unaware of it’s importance
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IHT receipts reach £3.9bn
A £400m increase from the same period last year
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State Pensions on track for second-largest ever Triple Lock increase
As inflation holds at 6.7%
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Advisers proactively asking clients about future care requirements
As 76% of over 45s say they have not thought about care
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UK taxman collects £2.6bn from IHT receipts in 3 months
Bereaved families are ‘increasingly filling government coffers’ due to frozen thresholds.
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17% rise in number of families paying IHT
Average inheritance tax bill fell 1% to £214,000 in 2020/21 financial year
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PEOPLE MOVES: Blacktower, Platform One, M&G Wealth
Advice company names joint managing director, as platform hires COO