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Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]

Govt to close specialist pension schemes for overseas workers

The Government has announced it will close specialist pension schemes to new savings for people working overseas in today’s Autumn Statement. So-called Section 615 schemes will close to new savig for those employed abroad from 6 April 2017. The tax treatment of foreign pensions will be more closely aligned with the UK’s domestic pension tax […]

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The Big Interview: How 7IM’s boss ‘lucked out’ on his path to industry leader

Seven Investment Management chief executive Tom Sheridan explains why seven seasoned industry executives quit their plush posts at previous employers to establish the firm back in 2001. “We gave our lords and masters our ideas on how to run the business and they said ‘no’.” Over sumptuous fish at Bread Street Kitchen near St. Paul’s, […]

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