Latest - TAX AND TRUSTS

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  Under-30s seeking financial advice

  15 May 2021

  Financial advice is growing in popularity among the under-30s, new research from deVere Group has revealed. The firm reports a 54% year-on-year jump in the number of enquiries from potential clients under the age of 30. Nigel Green, chief executive and founder of deVere Group, says: “The sharp increase in the number of under...

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  How paraplanners can complement traditional planning for high-net-worth clients

  14 May 2021

  How paraplanners can complement traditional planning for high-net-worth clients A BRAND NEW EVENT FOR PARAPLANNERS FROM OCTOPUS INVESTMENTS  Choose the event you want to attend. Technical Insight Webinar SOUTH 25 May, 2021 12:30pm REGISTER HERE FOR SOUTH EVENT Technical Insight Webinar NORTH  3 June, 2021 10:30am REGISTER HERE FOR NORTH EVENT For an increasing...

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  Octopus Estate Planning Show 2021 – 18-19 MAY

  13 May 2021

  For professional advisers and paraplanners only. Not to be relied upon by retail investors. Turn estate planning opportunities into business Octopus Investments hit show watched by thousands of advisers returns this May. This year’s Estate Planning Show takes place over two days at 10:00am Tuesday 18 May, and 10:00am Wednesday 19 May. Secure your...

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  £716 million pensions tax reclaimed from HMRC

  5 May 2021

  Pension savers overtaxed on pension withdrawals have reclaimed £716 million since 2015, according to the latest figures from HM Revenue & Customs. In the first three months of 2021, over 7,000 official reclaims worth £23 million were submitted to HMRC. Over-taxation occurs when a pension investor accesses their retirement pot flexibly for the first...

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  Investing to support an innovation-led recovery

  5 May 2021

  VCTs offer investors the opportunity to support the innovation desperately needed in the UK post pandemic and Brexit, and also benefit from the return potential of these small, growth businesses, says Will Fraser-Allen, managing partner, Albion Capital Covid-19 is undoubtedly having a profound and lasting impact on our economy. Amid the stories of job losses and corporate administrations...

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  HMRC data shows pension freedoms rise but what impact MPAA?

  4 May 2021

  Flexible pension withdrawals were £2.6 billion in the first quarter of 2021, up 6% year-on-year, as the pension freedoms continued to grow in popularity among pension savers. In total, more than £45 billion has been withdrawn flexibly from pension since the pension freedoms were introduced in April 2015. The latest figures from HM Revenue...

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  Paying IHT free into grandchildren’s pensions

  26 April 2021

  Kay Ingram, public policy director at LEBC, says parents and grandparents can use surplus income to help younger generations retire earlier by boosting their retirement pot.  It follows the news that with Covid-19 restrictions taking their toll on long-term savings, many working-age adults are now contemplating delaying retirement. In contrast, older, retired generations have...

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  How ‘the family approach’ can prevent delays to estate planning

  19 April 2021

  Sponsored article An unprecedented number of clients have delayed financial decisions because of the pandemic. But an indirect approach can help turn hesitation into urgency, says Nick Bird, Executive Business Development Manager at Octopus Investments Let’s consider a scenario. Catherine and Linda live on the same street, a few houses apart. Both are widowed and...

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