Here’s how savers can pass £1 million on and bypass inheritance tax

Here’s how savers can pass £1 million on and bypass inheritance tax
 

The growing trend among savers means that many parents are opting to move money from final salary schemes to pensions that can be passed onto their offspring with little tax being deducted.
Financial advisers suggest that this section of the industry, dubbed “defined benefit pensions” is now worth £50billion.
Savers who opt for final salary schemes have always had the option to swap them for a defined contribution pension pot.
But the demand for this type of investment was low - because the inflation-linked income provided by final salary pensions was adequate. 
Alistair Cunningham, a... read more

 
12 August 2017 in Business, Views: 43
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
                1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31