ISA savers are largely unaware of the savings vehicle's inheritance tax (IHT) status and risk having to pay out large amounts on death, a survey from Octopus Investments reveals.
The firm said "few people" understood the rules and urged savers to consider investing in AIM to limit future IHT costs. Some 54% of people it surveyed did not know if ISAs were exempt from IHT. A fifth...
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