In case you were not able to attend the CIOT tax planning seminar yesterday given by the excellent Robert Jamieson, his suggestion was to maximise pension savings as an IHT vehicle rather than an income producer.
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The provisions made by the Brussels IV come into effect on the 17th August 2015. Brussels IV was written in 2012 in order to remove some of the complicated anomalies and unnecessarily high legal fees which can apply when an individual owning foreign property dies.
As a predominately "passive" investment adviser we do not normally get involved in out of the norm investments however occasionally we come across a couple of interesting ideas which we like to share with our clients.
We have recently become aware of an issue with "Reporting Funds" which may lead to clients under reporting their dividend income.
University costs now topping at over £75,000
Yesterday I attended a 3 hour update from STEP on the Inheritance and Trustees Powers Act 2014. There were some fascinating insights into some of the pitfalls when dealing with estates however such minutia is somewhat wasted on those without Wills!
One of the most under purchased products in the financial advisers arsenal is protection insurance.
An article written by Andrew Swallow, a certified financial planner, has been featured in the Business and Finance section of the Kensington and Chelsea Today newspaper.