View more on these topics

Scot Life International confident of its trust range post-Budget

Scottish Life International says it has evaluated its draft trust range and is confident they remain appropriate in the post-Budget environment.

Following changes to the inheritance tax regime in the 2006 Finance Act, the trusts were reviewed to comply with new legislation.

SLI’s trusts are still capable of assisting with the avoidance of costs and delays related to obtaining probate, protecting non-UK assets of non-UK domiciles and IHT planning opportunities for UK doms and residents.

SLI offers an absolute trust, bare trust for settlor, discounted gift trust, discretionary trust, excluded property trust, gift trust, loan trust and probate trust.

SLI technical officer Neil Chadwick says: “From simply negating the need to obtain probate, to undertaking IHT planning, trusts remain very useful tools and should not be overlooked. “


Rocky mountain high

Investors in US funds may have been tempted to cut their losses and run recently but those funds which can diversify into Canada have fared well.

Signature tune

Bright Grey recently revealed that 27 per cent of its online life insurance applications are returned with amendments when customers are asked to check a hard copy of the application form.

The Downsizing Delusion: Why relying exclusively on your home to fund your retirement may end in tears

By Steve Webb, director of policy The British obsession with homeownership can have dangerous consequences. A recent survey by Barings¹ found that up to three million people of working age were planning to rely wholly on the value of their home to fund their retirement. We are not talking about people investing in buy-to-let or […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment