View more on these topics

R&SA offers IHT pack to advisers

Royal & Sun Alliance International Financial Services is launching a UK inheritance tax planning pack for IFAs.

The company says the pack is designed for IFAs looking to maximise opportunities for IHT planning among UK clients.

As part of the launch, the offshore life office has repackaged its existing IHT trust plans and added a new plan to the range.

It says the planning pack is a user-friendly general guide to inheritance tax, including sections on rates, allow ances and mitigation techniques.

It contains information on the various trusts on offer, including a gift trust for those who want to make gifts to take advantage of Pet rules.

Also included is a loan trust which aims to simplify paperwork and protect policyholders against IHT gift with reservation provisions.

The new trust is a capital access trust which RSAIFS says fills the gap between the two other plans.

The trust offers IHT mitigation using Pet provisions, the ability to gain access to ret ained capital at any time and the provision of tax-efficient capital payments to the settlor.

Technical services consultant Brendan Harper says: “All the trusts are available for use with the full range of RSAIFS single-premium contracts, a feature which may not be available with other plans.

“The pack aims to aid IFAs in making his clients feel comfortable with IHT planning by presenting the subject and strategies in a simple, structured way.”


Pink Home Loans – 1.25 Per Cent Discount 100 Per Cent

Tuesday, 7th November 2000.Discounted term: Three years.Discount: 1.25 per cent.Payable rate: 6.75 per cent.Minimum loan: £40,000.Maximum loan: Up to 100 per cent of valuation subject to a maximum of £250,000.Income multiples: 3.25 times principal income plus second or 2.75 times joint.Arrangement fee: £325.Redemption fee: Three months&#39 interest in first three years.Conditions: None.Introducer&#39s fee: £150.Tel: 01543 […]

Permanent add critical illness to mortgage range

Permanent is adding a critical illness only product to its mortgage protection range in response to IFA demand. Permanent says the critical illness mortgage can be used for those who want to add critical illness to existing life cover, either as a straightforward addition to a life mortgage protection policy, or for those who have […]

Smee bitterly disappointed

The director general of Aifa Paul Smee says he is bitterly disappointed at the Government decision on polarisation. The move has also been criticised by the country’s top life office Norwich Union which says it believes the Government should have gone down the gap filling route. Smee has hit out at the decision for adding […]

Portillo attacks Brown

Shadow Chancellor Michael Portillo launched a bitter attack on Chancellor Gordon Brown’s pre-budget speech on Wednesday (8th November) claiming it showed the Government had made a major U-turn on pre-election promises. Portillo accused Brown of introducing means testing on pensioners benefits and raiding the countries pension funds. He declared: “This pre-budget speech offers only short […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm