Scottish Equitable and Scottish Equitable International are offering a set of aids for adv- isers to help them determine inheritance tax liability.The information packs will contain a series of stages that advisers can use to establish their clients’ needs and dev- elop a trust solution for the client’s circumstances. Stage one will highlight if a client is in excess of the nil-rate band of 275,000 for 2005/06 while the second stage features questions which help to identify the client’s needs. A decision tree is used to select either an onshore or offshore bond and the most suitable type of investment product. SEI head of marketing Steven Whalley says: “The inheritance tax threshold has not risen in line with property prices, meaning that many people now face an IHT liability. Recent research shows that while average house prices rose by 142 per cent between 1997/98 and 2005/06, the IHT threshold increased by just 28 per cent”. “These figures prove just how important IHT planning has become in recent times and we believe the trust packs will go a long way in helping advisers understand the importance of identifying whether their clients have an IHT liability.”
It is not the Government’s response which is muddled but companies being unable to comprehend the regulation’
BDS Mortgages has doubled the size of its appointed representative network in the past month, with the promise of further additions over the course of the year. The mortgage intermed- iary has seen its membership rise from 25 to 51, which the firm attributes to the influence of network manager Bob Hope who, since joining […]
British Insurance is offering low-cost mortgage payment protection insurance product which it claims could save customers up to 32 per cent on their premiums.
The Institute of Financial Services has seen a massive surge in the numbers of women registering for its general insurance qualification. The IFS says almost 2,000 registrations have been received from women for the single-module qualification, representing about 40 per cent of the total number of candidates. Cergi is a self-study qualification, with one module […]
Despite the surprises the market always springs on investors, for the Loomis Sayles US Equity Leaders Fund, macro events are not a factor in its own decision making.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Technology provider Moneyhub will now use Intelliflo’s application programming interface for its advisers. Integration onto the API will allow for advisers to access real-time information of client’s managed pensions and investments. Advisers will also be able to link investments they manage and see clients’ spending and savings patterns. The Big Interview: Moneyhub chief executive on […]
The past few years have seen a rapid rise in the number of fund managers linking with risk profilers to launch new ranges. Determining risk is a central part of the advice process. But risk-profiling tools have been subject to criticism over the wildly different asset allocations they produce and their lack of consistency when […]
AJ Bell is expanding its passive range to target a higher expected return for investors with a new global growth fund. AJ Bell launched its first range of own-brand funds last year with five risk-targeted multi-asset passive funds. The platform and Sipp provider said it has launched the Passive Global Growth fund in response to […]