Tax & Regulation
Nearly 50% of Brits haven’t spoken to advisers about inheritance tax
With 60% not knowing how much money they could leave their loved ones before IHT is incurred
Best Practice | 17 Aug 23
How important is anti-money laundering compliance for advisers?
As the UK regulator steps up efforts to crackdown on financial crime
28% of HNW Brits have no measures in place to address IHT
Many more people will be impacted by inheritance tax in the future
FCA halts plans for simplified advice following ‘limited’ industry support
As regulator pushes on with review into advice/guidance boundary
‘Home loan’ IHT avoidance scheme escapes double tax charge
But scheme did fail to save any inheritance tax