Easing the IHT burden

Pensions by their very nature are not a standard investment. According to a recent survey1, the average UK citizen begins saving for their retirement when they are 28 years old. At that point, they are diligently putting away money that they won't see again for at least another 27 years. So by any standards, pensions are an investment where any rewards become apparent over the longer term. Finding an approach for inheritance tax (IHT) mitigation, that includes the family home, is one of the biggest challenges for clients. Giving assets away can be just as fraught, especially if their offs...