Estate planning

IHT innovation: Pensions freedom brings new tax planning challenges

Following speculation that the inheritance tax (IHT) threshold would be hiked following the 2015 Budget, the government left it exactly where it was at...

Reducing IHT through effective financial planning

Pension planning, pension freedom and access to one's cash seem to be the burning issues for investors at the moment. There is, of course, much...

Death benefits: Complexity brings advice opportunity

We are now in the brave new world of pension freedoms and I am sure that opportunities and pitfalls will come to the surface,...
Making it work: Getting the most out of pensions freedom

Retirees spending plans unchanged by death tax overhaul – study

Removal of the punitive 55% death tax charge on pension benefits is unlikely to spur people into saving move into their pensions or spending...
SIPP rebirth: The most flexible pension product ever?

Life expectancy to rise ‘six years in a generation’

Life expectancy will increase by up to six years within a generation, experts say. Researchers, from Imperial College London, said the rise in life expectancy – driven by people’s improving health and better medical care – had been underestimated by official figures. These forecasts are higher than those issued by the ONS – by 2.4 years for men and one year for women.

Older people abandon retirement dreams provide ‘living inheritance’

Many older people are giving handouts to younger generations now rather than delaying until they die, and some are sacrificing their own retirement dreams along the way, new research reveals. Some 53 per cent of retirees said they had not realised at least one of their hopes for retirement, with living abroad, extensive travel, learning a foreign language, starting a business, buying a car and playing more sport among the dreams being jettisoned.

Accountants report ‘sharp rise’ in demand for IHT and pensions advice

People have become more aware of pensions and inheritance tax issues over the past 12 months, prompting a sharp increase in demand for financial...

A place for everything: Why pensions freedom will boost family SIPPs

Less than a month after the overhaul of the UK pensions market, it seems everyone is still talking about retirement options post-April 2015. While from...

Advisers should review legacy pensions now or risk future ‘death benefit complaints’, provider urges

Advisers should review clients' legacy pensions now to avoid any future potential negligence claims as many will not facilitate the recently death benefit changes,...

General election 2015: What parties’ pension tax plans mean for your clients

Political parties' plans for pensions tax after the general election are set to hit the highest earners the most,...
 

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