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.
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With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]
The FCA has finished implementing the recommendations of the Financial Advice Market Review with the publication today of a policy statement relating to personal recommendations today. The FCA aligned itself with Mifid II last year by mandating that regulated advice must contain a personalised recommendation. In August last year, the FCA published a consultation paper […]
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