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£1bn wasted in unnecessary inheritance tax

Over £1bn in unnecessary inheritance tax will be paid this year according to IFAP.

The latest figures from the trade body&#39s Wasted Tax campaign shows that estates with a total value of almost £36bn will apply for probate with £2.3bn going to the taxman.

Almost 68,000 people this year will die without leaving a will, meaning that if the state cannot trace an heir the taxman takes the whole estate.

IFAP advises that people enlist the help of an IFA to beat inheritance tax


CA members were warned by their own organisation

The Consumers&#39 Association states in Which? in October) that “justice” is being done in claiming compensation against alleged misselling of mortgage endowments maturing after age 65, backed by FSA regulations which freeze the past. But the case quoted never went to court.The April 1983 issue of Which? recommended low-cost endowments as a “best buy”, saying: […]

Christows – Multi-Manager Portfolio Service

Wednesday, 23 October 2002 Aim: Income or growth by investing in exchanged traded funds, unit trusts and Oeics Minimum investment: Lump sum £25,000 Investment split: Choice of managed growth, overseas growth, worldwide growth, rising income and high yield portfolios Income facility: Yes Charges: Initial 4%, annual 1% Commission: Initial 3%, renewal 0.5% Tel: 0800 0353200

And the long wait goes on…

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Cash back service from Chartwell

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US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]


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