Sanlam launches AIM IHT service

Sanlam will invest in 24 to 45 shares across a range of industries on the alternative investment market (AIM). The company said investors would be able to hold the shares in an ISA or self-invested personal pension (SIPP), and could add or withdraw money at any time. BPR assets offer full IHT relief after a two-year holding period and, unlike some IHT-planning investments and tools, the client retains ownership and control over their investments during their lifetime. Sanlam also said each stock would go through an extensive screening process to try to ensure qualification for BPR, as...