private markets

The profession has welcomed Andy Burnham’s plan to adjust the triple lock from 2030, although questions remain over using the savings to fund free social care. (Source: Professional Adviser)

Prime Minister Andy Burnham has announced that the state pension triple lock will end from April 2030, with the change intended to help fund the UK’s national care services. (Source: FT Adviser)

An open letter to the Chancellor is urging the government to raise VCT upfront income tax relief from 20% back to 30% in the upcoming Budget. (Source: FT Adviser)

HMRC figures show IHT receipts reached £3.8bn between April and August, up £100m on the same period last year. (Source: Professional Adviser)

Pensions are due to become subject to IHT from 2027, while wider proposals could see changes to the existing 40% inheritance tax rate. (Source: Morning Star)

Nearly half of advisers report that inheritance tax changes are influencing retirement planning. (Source: FT Adviser)

AlbionVC has brought forward its annual VCT top-up to give advisers more time to consider the impact of the new tax rules on clients’ investments. (FT Adviser)

UK families face a record IHT bill, with receipts forecast to reach £14.3bn by 2029/30. (Source: London Loves Business)

The government is under pressure to put new inheritance tax rules for pensions in place. (Source: Professional Adviser)

Ian Aylward considers the alternative investment options available and the importance of choosing carefully. (Source: Professional Adviser)