Half of over-45s unaware their main property is subject to IHT

According to Canada Life's latest edition of its annual report on IHT, the proportion of those unaware their main property may be subject to IHT has risen sharply from on-in-three (36%) a year ago. The lack of knowledge extends beyond property to other assets too: of the 1,002 UK consumers surveyed, more than three-fifths (62%) did not think their pension savings are subject to IHT, compared to 57% a year ago. Additionally, two-thirds (66%) were unaware agricultural land also carried IHT liabilities. Hear from Canada Life and dozens of other expert speakers at Professional Adviser's P...