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For financial advisers - compiled by our team of experts, qualified in pensions, taxation, trusts and wealth transfer.

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  • Pension investment - shares Registered pension schemes can (in theory at least) invest in listed or unlisted shares, either in the UK or overseas Shares owned by registered pension schemes are free from income tax…
  • Fixed protection Introduced to provide protection against reductions in the lifetime allowance (LTA) and reduce exposure to LTA tax charges There are three versions. Each provided a higher LTA than the standard…
  • Discretionary trusts and the increased dividend tax rate The Government’s package of measures to help fund social care reform may have a knock on effect for trustees. With the rate of tax on dividend income set to increase by 1.25%, it means…
  • IHT on pensions - the payment options There is less than 18 months before the introduction of IHT on pensions. Estate planning for this dramatic change to clients' IHT liabilities is gathering pace. But it is also worth taking…
  • Spring Budget 2023 pension changes - what advisers are asking The new pensions rules announced in the Budget certainly caught everyone by surprise and left advisers with a number of questions as to how their clients will be affected in the coming years. Not…
  • Irish trust registration reopens for UK trustees The Irish Revenue has lifted the reporting suspension for UK trustees, which means UK trusts holding a Dublin based offshore bond must register the trust on both the UK and Irish trust registers.…
  • Getting ready for the TRS The deadline for registering express trusts with the Trust Registration Service for the first time is now just 20 weeks away. This will include many off the shelf estate planning trusts offered…
  • Income drawdown Income drawdown allows the funds to remain invested, offering the potential for investment growth Not all schemes offer the option of income drawdown There are two types of drawdown –…
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