The government, concerned about the outdated nature of trust taxation, has launched a wide-sweeping review aimed at ensuring trust taxation is simply, transparent and fair.
If you are covering the Ipsos MORI evaluation of the Pension Wise service released today, please see the following comment from Jon Greer, head of retirement policy at Quilter:
If you’re covering the first report from the Office of Tax Simplification’s review into inheritance tax, which is due to be released in the next 24-hours, please see the following comment from Rachael Griffin, tax and financial planning expert at Quilter:
If you’re covering the launch of the consultation on trust taxation please see the following comment from Rachael Griffin, tax and financial planning expert at Quilter.
Today the Supreme Court ruled the trustees of Barnardo’s pension scheme are not allowed to change the measure of inflation used for pension payments. If you’re covering the issue please see the following comment from Jon Greer, head of retirement policy at Quilter:
This evening the Ministry of Justice announced they are continuing to pursue a banded structure for probate fees. While they’ve ensured fees will never be more than 0.5% of the value of the estate a £500k estate will pay over 10 times more at £2,500, while an estate over £2m could pay up to 3,771% more.
Old Mutual Wealth, part of Quilter, will now be able to consider customers looking for life cover who have both heart disease, or cerebrovascular disease (e.g. stroke) and diabetes, a combination the industry typically flatly declines.
If you’re covering the latest figures from HMRC on flexible payments from pensions please see the following comment from Ian Browne, pensions expert at Quilter.