WAY unveils flexible IHT plan

It says its new flexible vehicle, the WAY Duo Inheritor Plan, will “shake up industry standards”, by combining discounts with lifetime flexibility. With CGT changing to an 18% flat rate from April 2008, WAY says the plan offers investors a tax efficient IHT planning vehicle as it is linked to a straightforward unit trust/OEIC and not a bond. WAY Group chairman and technical director Paul Wilcox says the product delivers a discount on the gift into trust, while offering flexibility over 60% of the amount gifted. “The discounted gift is created by delivering regular monthly drawings for th...