Inheritance tax (IHT) receipts from ISA investments are set to soar as more than half of savers do not realise they form part of people's estates, Canada Life has warned.
The provider said its annual IHT Monitor revealed more than half (51%) of over 45s do not know ISAs are liable for the tax. It warned many families would therefore be at risk of paying millions in "unnecessary...
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Adds 24 staff, three offices and £275m AUA
Launches Junior ISA and retirement accounts