Increasing inheritance tax (IHT) on estates above a certain threshold, as part of 'social care premium' proposals, could increase intergenerational inequality, Old Mutual Wealth (OMW) has warned.
A report released today by the Housing, Communities and Local Government and Health and Social Care committees called for a ‘social care premium' to ensure sustainable funding for later life care. Among...
Covid-19 crisis acts as catalyst
£3.4bn released last year
Potential IHT liability
‘Charity lump sum death benefit’
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
40% increase year-on-year