Tag Archives: IHT
Sir Steve Webb; IHT Changes & Pensions – a discussion.
We brought the Pension PlayPen session forward by half an hour to allow some people to hear McGrath and Keating on the run on/wind up debate for occupational DB pension plans. Immediately after our pension was LCP’s session on … Continue reading
Posted in annuity, dc pensions, pension playpen, Retirement
Tagged IHT, LCP, pension playpen, Pensions, Steve Webb, Tuesday 10.30
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What Labour’s IHT change really does to DC pensions
This blog is from Russ Oxley. With over 25 years of experience in the financial industry, Russ brings a unique combination of expertise to the table. He started his career in the City in 1997, where he honed his skills … Continue reading
If you’re “confused over IHT” spend your pension while you live
Professional Pensions advises pension professionals to keep their eyes skinned for signs of how their wealthy clients and indeed themselves, will find their pension pot taxed when they die. Trustees want greater clarity on pension IHT rules: Sackers A third … Continue reading
What’s app n’ ing when you’re old and potty?
I’m shocked to find that later life has become such a complicated place. I am a simple person who wants to know what’s coming in in later life and what’s going out. I work around fixed income from wages and … Continue reading
A responsible approach to IHT by pensions industry
Proposals on IHT pension changes need ‘radical’ revisions, industry says Industry outlines alternative IHT/pension strategies as HMRC consultation closes Professional Pensions are running a story about attempts to amend the way the Government to tax residual wealth pots destined for … Continue reading
Thoughts on death, tax and pension dashboards
In the Autumn Budget 2024, the government announced several measures to reform Inheritance Tax and deliver what it calls “a fairer and less economically distortive tax treatment of inherited wealth and assets”. This includes a measure to make most … Continue reading
The financial consequences of dying
We seem to be a nation pre-occupied not so much with the after-life as the after-death. Perhaps our obsession with planning ahead, whether it be funeral costs or the settlement of our affairs with the tax-man, allows us a … Continue reading
IHT mitigation funds plead for IHT to remain – shock!
I wrote recently about why I see IHT as a tax that should be abolished. My argument was based on it attracting small revenue at great cost (both in collection and to the reputation of HMRC as ghoulish. To these … Continue reading
IHT – the hated death tax takes a record toll
When you lose a loved one, you expect some bills. But few expect a bill from the tax-man when an estate is valued at more than the deceased’s IHT allowance. But , because of fiscal creep, the cascade of wealth … Continue reading