The Treasury has proposed new inheritance tax (IHT) rules for trusts. Trusts are regularly used for estate planning for two main reasons: They can be used to retain an element of control over gifted capital.  Some parents are wary of … Continue reading →

1 July 2014 marked the end of ISAs and the beginning of NISAs. It was less than four months ago that George Osborne announced that ISAs would be replaced with ‘New ISAs’ (NISAs). The news was overshadowed by the pensions … Continue reading →

This could be the next innovation from the European Central Bank. While the collapse of the eurozone is now off the agenda, at least in the short term, the eurozone is still struggling with low economic growth (0.2% in the … Continue reading →

The new state pension regime moved a step closer in May. On 15 May the Pensions Bill 2013 finally became the Pensions Act 2014 after more than a year working its way through parliament.  It is a major piece of … Continue reading →