The long-running HM Revenue & Customs (HMRC) v Parry & Ors case, otherwise known as the Staveley case, has concluded Staveley’s actions gave rise to an inheritance tax bill, bringing clarity around pension transfers or switches made in ill-health.
The Staveley case was first heard in 2014 and is based on whether inheritance tax (IHT) should be applied to a pension transfer carried out in terminal ill-health. After a difficult divorce Ms Staveley...
40,000 new plans bought
Speed of deal 'remarkable'
Schemes that help savers with later life planning as part of a government trial will receive a £400,000 funding boost, the Department for Work and Pensions (DWP) has revealed.
Some traits are bigger earners
Run by Money and Pensions Service