Prospectus aimed at appealing to working families
AIG Life has bought to market a term assurance and whole of life proposition for non-UK domiciled individuals impacted by the new IHT on Enveloped Dwellings (IHTED) legislation.
Nearly half (46%) of those surveyed said they would never take out life insurance as part of their estate planning, and almost three quarters (72%) said they didn't see a need to use life insurance at all according to research by Canada Life.
There are clear benefits to placing life policies in trust, but only a small number actually end up there. Kirsty Tanner discusses what the industry can do to change this
Old Mutual International has introduced a Trust Decision Tool and Trust Form Finder, to help advisers select trusts for clients.
Justin Taurog discusses case studies that show the value of inheritance tax.
The chancellor George Osborne has announced that the threshold for inheritance tax for a couple will rise to £1m.
Lifequote has added a whole of life (WoL) comparison service, after research found Inheritance Tax (IHT) and estate planning are adding to the demand for WoL.
Leaked documents from the upcoming 2015 Budget have shown that the threshold for inheritance tax (IHT) is set to rise for the first time since 2009.
Legal & General (L&G) has launched an online trust hub to simplify the process of setting up a trust for protection policy holders.
Aegon's results for the first 10 weeks of its latest whole of life offering have exceeded expectations for the provider with the results described as 'fantastic' by its protection director.
Advisers support the introduction of simplified protection products, with 79.4% seeing a place in the market for them, a survey has found.
The Chancellor's Autumn Statement has confirmed that the single settlement nil rate band on trusts will not come into effect in April 2015 following consultation responses.
PayingTooMuch has included Aegon UK's Whole of Life insurance product into its insurance comparison service.
Workshops to help advisers understand risks associated with helping elderly clients plan for later life will be held across the UK in October and November.
Reforms simplifying what happens when someone dies without leaving a will came into force on 1 October.
It is not only individuals who need protection; SMEs are vulnerable, too. Steve Casey outlines a lucrative source of business.
Thousands more families will be required to pay inheritance tax (IHT) this year as an improving economy and rising house prices pull them above the threshold, according to figures.
PruProtect has launched an online inheritance tax (IHT) calculator to support advisers using Whole of Life cover to mitigate potential liabilities.
NFU Mutual has called for a review of life insurance policies to tackle high inheritance tax bills for bereaved families.
The majority of advisers have said paying for IHT Liabilities is the biggest concern among clients, ahead of funding care costs, leaving a legacy and covering funeral costs.
What do a professional couple with a young family and a retired tycoon have in common? They can both use a whole of life product for a variety of needs. Jennifer Gilchrist explains.
While many in the industry are predicting the end of whole of life, others are questioning how, post-RDR, it can be used to build more holistic cover, Nicola Culley reports.
AT A GLANCE