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Wealth Management News

News in June 2017
21 Jun 2017 Executors need longer period to pay inheritance tax bills, says Royal London

Royal London is calling for changes to inheritance tax rules so that people who act as executors to the estates of family and friends have more time to settle inheritance tax bills. The mutual life insurance and pensions company warned that executors currently face paying IHT bills out ...

14 Jun 2017 One in four plan to downsize or relocate in retirement

One in four over-50s in the UK plan to move house when they retire, according to new research. In a survey for retirement specialist Retirement Advantage, Censuswide questioned 1,013 UK adults over the age of 50 who are yet to retire. Of those who plan to move, almost two thirds (62%) i...

07 Jun 2017 Three pension associations join transfers group

A cross-industry group on improving transfers and re-registrations of pensions and investments has expanded to include workplace schemes. The group was formed in early 2016, when eight of the leading investment and pension trade associations, alongside nominees from member firms, joined...

01 Jun 2017 Delaying retirement until 70 can add £300 a month to your income, study claims

New research suggests that delaying retirement for a few years past state pension age could boost your pension pot by thousands of pounds. Life insurer Aegon said that a 65-year-old could gain an additional £314 per month in retirement income (£771 per month instead of £457) by conti...

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