Canada Life
Tax & Regulation | 21 Apr 15
British IHT bills likely to average over 130K
UK families are facing average inheritance tax bills of up to £130K; according to research from Canada Life International; highlighting the need for more planning to reduce the liability.
Canada Life to launch three
Canada Life will launch three retirement income products to allow individuals to take advantage of the pension freedoms available from 6 April.
UK wealthy failing to plan for IHT
Less than one tenth of wealthy UK citizens have sought advice for inheritance tax planning, putting their families at risk of a large tax bill when they die.
Canada Life agrees to take on Equitable annuities
Equitable Life has reached an agreement to transfer 31,000 annuities, valued at around £875m ($1.35m, 1.2m) , to Canada Life in a bid to release capital for distribution to its long-suffering with-profits policy holders.
Canada Life acquires Legal General Intl
Canada Life Group is to purchase Legal & General International to complement its existing offshore businesses in both the Isle of Man and Dublin.