'Shark-like dangers lurk' in IHT reform proposals

clock • 6 min read

Ruth Gilbert investigates another potential threat to life policies

Life cover is often overlooked, even in contexts where it deserves more than a passing thought. It seems this has happened again in the sweeping proposals for reform of inheritance tax (IHT) issued in January by the All-Party Parliamentary Group (APPG) for Inheritance & Intergenerational Fairness. It's only a report, so this might not matter, despite the high-powered contributions made to it. A lot of thought has gone into simplifying IHT and its general unpopularity is acknowledged, but we can never be sure of whether or when any of this may turn into government action. As Swiss Re's technical...

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