Old Mutual
Tax & Regulation | 6 Apr 17
UK probate fees hike faces delays amid ‘death tax’ claims
The UK government’s plan to dramatically increase probate fees has suffered a setback after British politicians announced that the measure could only be introduced with the consent of parliament.
Best Practice | 31 Mar 17
What the changes to the UK nil rate band mean for IHT planning
A staggering 70% of people have no understanding of the new residence nil rate band allowance coming into force on 6 April, which could have serious implications for their inheritance tax planning, warns Old Mutual Wealth financial planning expert, Rachael Griffin.
Old Mutual break-up plan continues with US asset arm deal
Old Mutual has agreed to sell a minority stake in its US asset management business to Chinese financial services group, HNA Capital, for $446m (£354m, €410m).
Best Practice | 23 Mar 17
The Isle of Man’s new regulations and what they mean for life offices, advisers and customers
The Isle of Man insurance regulator, the Financial Services Authority (FSA), is soon to announce a new set of rules that will raise the bar on how international life business is conducted from the Isle of Man.
Best Practice | 21 Mar 17
Finance Bill offers no clarity on life policy part surrenders
The Finance Bill failed to shed more light on how HM Revenue & Customs plans to recalculate the gain on partial surrenders when policyholders withdraw money from their life insurance policies the wrong way, says Rachael Griffin, financial planning expert at Old Mutual Wealth.