£20bn withdrawn since pension freedoms launched
The popularity of the UK's pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed...
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Pension transfers into Qrops cools to £740m
Measures designed to curb the abuse of transfers to qualifying recognised overseas pension schemes (Qrops) appear to have been effective, the latest...
QROPS News -
Inheritance tax payments hit record £5bn for 2017-18
The latest official figures from HMRC reveal the British government received over £5bn in IHT receipts last year. Total IHT receipts have almost...
Trust and Estate Planning News -
Discounted Gift Trust Case Study
Background Mr Michael and Susan Tye are UK resident and both UK domicile. He is 66, she is 68. They have two adult children and an 11-year-old...
Trust and Estate Planning News -
Dwindling UK non-doms pay record £9.4bn in tax
UK non-domiciled taxpayers handed over a record sum to HM Revenue & Customs in 2016/17 despite their numbers dropping by a quarter.The 2016/17...
Trust and Estate Planning News -
UK Sipp market to grow by £1.9bn a year
The UK self-invested personal pension (Sipp) market is expected to grow by £1.9bn a year to 2020 despite rising customer complaints, according to the...
Pensions News