Inheritance tax could be due a major overhaul, with a new report recommending sweeping changes to gifting rules, life insurance policies and even who pays the bill.
Citywire covers Finura Director, Nathan Mead-Wellings’, completion of the recent Bloodwise Blenheim Palace triathlon.
Statistics from the Investment Association regularly show that ISA sales are clustered in the early months of the calendar year as investors react to the 5 April deadline.
It may sound like an easy question but, right now, it is a moving target.
Draft regulations have been published that will mean the funds in maturing Child Trust Fund accounts can retain their tax-advantaged status after maturity.
There is a common misconception that trusts are only used by the wealthy. However, they are accessible to all and can be a useful tool as part of a wider inheritance tax planning strategy. There are various reasons why a trust may be set up; some can be written into your Will and others can be set up independently. Here we explain what trusts are, what they do and the different types of trust available.
Traditionally parents would bequeath their assets to their surviving spouse and subsequently their children. But, as we live longer, there are increasing opportunities to use intergeneration financial planning which includes grandchildren and great grandchildren too.