L&G targets IHT market

It comes following months of consultation with a leading tax adviser, legal experts and the government to ensure it complies with what L&G described as “complex” legislation. The scheme works by allowing the investor to make a gift of capital, potentially limiting the value of their estate, but also to earn regular tax-efficient payments from the product. It combines L&G’s Discounted Gift Trust and the Discounted Gift Portfolio Bond and offers three trust options for investors planning to make gifts to the beneficiaries of their estate. The discretionary, flexible and absolute trusts pro...