Best Practice | 22 Feb 18
Is the pan-European pension plan a flop in the making?
The pan-European personal pension product aims to make long-term savings simpler while providing greater mobility across EU borders but there are critics that say the scheme, unless radically rethought, is doomed to fail.
South Africa budget increases wealth tax
South Africa’s finance minister has announced an increase in estate duty from 20% to 25% for those with properties worth ZAR30m (£1.8m, $2.7m, €2.1m), a move a legal expert says will have a “significant effect” on the nation’s wealthy.
Investment | 21 Feb 18
Researchers launch IHT portfolio index
Portfolios targeting inheritance tax mitigation have a new benchmark.
Best Practice | 21 Feb 18
Simplified IHT rules could go live in 2019
The UK’s Office of Tax Simplification (OTS) will publish a report on the processes and complexities around inheritance tax (IHT) in autumn 2018, opening the door to the possibility that IHT could be simplified within the next two years.
Platforms are dead, says The Lang Cat boss
Platforms have spurned the gift of the retail distribution review (RDR) and are dead, according to Mark Polson, founder of financial services consultancy The Lang Cat.