Majority of inheritance advisors say they have seen clients who have been victims of financial abuse, according to a new STEP report The majority of solicitors and professionals who help plan their clients’ estates have

In preparation for the upcoming Autumn Statement, sources reveal that Prime Minister Rishi Sunak and Chancellor Jeremy Hunt have been exploring plans to reduce the inheritance tax (IHT) rate from its current 40%, as reported

Two years on from the introduction of the pension transfer regulations, data reveals that while thousands of people have potentially been saved from fraudsters since launch, significant issues persist. The latest figures from Money and

Shadow Chancellor Rachel Reeves aims to revamp the country’s pension system. Her proposal involves redirecting retirement savings towards supporting the expansion of UK businesses, potentially increasing the average pension pot by up to £37,000, as

The chair of the Charity Commission for England and Wales, Orlando Fraser KC, has issued a warning to charity trustees regarding the rejection or return of philanthropic donations, as reported by STEP. In a lecture

The absence of pensions from the King’s Speech surprised many – shifting attention to the upcoming Autumn Statement by the Chancellor. Predictions of King Charles addressing plans to boost private equity investment through pensions were

Five years ago, 2,200 families faced the surprise of an inheritance tax bill triggered by a rule, but projections indicate that by 2028, more than 5,000 estates will be affected as a consequence of escalating

Jonathan Maskew joins the CTT team as Director Of Partnerships bringing with him a wealth of knowledge and experience from his established career in legal services spanning over 30 years with lawyers, barristers and estate

The Law Society of England and Wales has committed to being net zero by 2030. The commitment follows the launch of our Climate Change Resolution in October 2021 and milestone guidance on the impact of

Just under a quarter (23%) of people say they plan to downsize in retirement, according to a survey of 1,500 people carried out by Opinium on behalf of HL in September 2023. The research revealed

New research has revealed how the Government pocketed an additional £793m in a single year from inheritance tax liabilities, largely due to the pandemic inspired boom in property values spurred by the stamp duty holiday.

New projections indicate that the number of individuals with dementia in England and Wales is set to nearly double, reaching 1.7 million by 2040 – 42% higher than previously anticipated, as reported by The Times.

STEP has published the Third Edition of its Standard Provisions. The STEP Standard Provisions are a set of ready-made clauses that can be inserted into a will. They provide protections and powers that enable the

An anticipated cut to Inheritance Tax (IHT) prior to the next general election would be welcome according to a leading firm. DJ Alexander Ltd, estate and letting agents in Scotland, said that recent news reports

In a legal battle over a £100 million share of her late father’s fortune, Olga Scherbakova has made a startling claim in London’s High Court, alleging that her father, Russian oligarch Vladimir Scherbakov, was murdered,

Chancellor Jeremy Hunt is reportedly mulling over the possibility of reducing inheritance tax in the upcoming Autumn Statement, as reported by The Telegraph. If independent data confirms available fiscal space, Hunt is open to accelerating

New research has revealed that British pension holders could be entitled to nearly £6 billion in stamp duty refunds from HMRC due to being misadvised in relation to the tax, according to Cornerstone Tax. The

Inheritance Tax (IHT) receipts for April 2023 to September 2023 are £3.9 billion, which is £0.4 billion higher than the same period last year, according to HM Revenue & Customs (HMRC). Lower receipts in April

Homeowners – facing high levels of debt and inadequate pension savings – are turning to borrowing against property value in later life, according to the Equity Release Council’s Autumn 2023 Market Report. High levels of

The England and Wales High Court (EWHC) has rejected a will challenge made by two brothers on the basis of mutual wills allegedly made by their parents. However, it allowed the claim on the alternative

Estatesearch have confirmed the launch of their new will search which means that “reasonable steps have been taken to identify any later or missing will that helps ensure the testator’s wishes are carried out correctly”.

The head of a prominent brokerage firm in the City has urged the government to broaden inheritance tax relief to encompass more stocks listed in London, aiming to stimulate investment in the UK. Julian Morse,