Displaying items by tag: inheritance
Friday, 01 November 2024 17:23
Budget: Inherited pensions to be hit with IHT from 2027
From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.
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Tuesday, 27 August 2024 12:36
Future retirees less likely to leave inheritance
Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.
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Monday, 20 November 2023 12:01
Families failing to discuss inheritance plans
Two out of five married couples are keeping their families in the dark when it comes to their plans for passing on wealth, new research suggests.
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Monday, 29 April 2019 12:35
Inheritance taboo costs £80k in unnecessary tax, study finds
Families could be paying an avoidable tax bill of more than £80,000 because parents are too embarrassed to talk to their children about their financial future, according to new research.
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Tuesday, 03 July 2018 12:43
Millennials expect to inherit £1.2 trillion
Millennials expect to inherit £1.2 trillion over the next 30 years, a new survey has predicted.
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Monday, 22 August 2016 12:20
'Pension is becoming the new family heirloom'
The pension is effectively becoming the new family heirloom, a Chartered Financial Planner says, as younger generations look to inherit cash rather than things.
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Thursday, 08 October 2015 10:39
Couples look to use pension changes to leave inheritance
A quarter of couples plan to take advantage of pension freedoms to make sure they leave an inheritance to their families, according to new research.
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Friday, 21 August 2015 12:34
'Fun loving retirees blowing our inheritance', say kids
Ten per cent of grown up children claim their parents are having ‘too much fun’ and ‘blowing’ their inheritance, as a generational financial tug of war takes place, according to a retirement report.
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