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Axa in bid to link up IFAs with accountants

Axa Isle of Man is running a campaign to encourage UK accountants and solicitors to link up with IFAs to provide inheritance tax planning advice.

The offshore arm of Axa is writing to more than 30,000 accountants and solicitors to encourage them to review their clients&#39 IHT arrangements. Those wanting to be put in touch with an IFA will be ref-erred to IFA Promotion.

Axa Isle of Man says that, with rising house prices, it is easy for individuals to have assets worth considerably more than the IHT threshold and says IFAs, accountants and solicitors need to get their clients switched on to the issue of IHT.

Axa Isle of Man offers an estate planning bond written in trust which can be used to reduce potential IHT liabilities as well as providing an income.

Offshore marketing manager Christine Hall says: “Acc-ountants and solicitors are often best placed to identify clients&#39 IHT liabilities so it is important to ensure they are well informed about the steps needed to minimise the tax bill. Often, they are not authorised to give investment advice so we are encouraging them to link with IFAs through the service offered by IFA Promotion.”

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