Legal Review 2024: Inheritance tax makeover brings big changes for business owners in 2025
The Chancellor’s Autumn Budget calls time on three decades of a relatively benign inheritance tax treatment of wealth comprised in trading business. Since 1996, 100 per cent business property relief…
Royal London completes the transfer of Aegon UK’s individual protection business
Royal London, the UK’s largest mutual life, pensions and investment company, with offices in Edinburgh, will see the completion of the transfer of life insurance, critical illness, and income protection…
Legal Review 2024: UK Budget delivers generational change in taxes for savers
In the hunt for new sources of tax revenue, the Chancellor, Rachel Reeves, has sent wealth managers, financial planning firms and client advisers back to the drawing board to find…
Legal Review 2024: Facing the challenge of IHT changes
For decades, agricultural property relief (APR) and business property relief (BPR) have enabled farmers and other businessowners to pass their business to the next generation without any inheritance tax (IHT). …
Annuities are back in favour, but will it last?
There are many arguments for and against buying an annuity – the crucial thing is to talk it over with an expert There are powerful arguments for and against the…
Why watches are about more than telling the time
The cachet of owning a luxury watch from a top-tier brand, be it Rolex, Patek Philippe, Vacheron Constantin or anything else, is that it serves as a status symbol. Increasingly,…
Family Investment Companies: Another tool in the succession planning arsenal
As we continue to navigate turbulent economic times, many people are lasering in on their succession planning strategy. One option that has grown in popularity is the use of a…
The importance of philanthropy in the charity sector
Generosity and philanthropy are well-established and important parts of British society. However, real financial challenges exist for the charity sector as local and national governments, along with other funders, respond…
Meme stocks: where adrenaline and dumb money come together
The first and most sensible thing to say about meme stocks is that they have no place in anyone’s pension portfolio. Investing for one’s old age is all about thinking…
How to manage succession planning in turbulent times
As the seasons begin to change and thoughts of chasing our recycling bins around the garden in stormy weather start to fade, many of us will turn our thoughts to…
