Specialist fund manager the Way Group has launched a product that aims to offer a unique appr...
Specialist fund manager the Way Group has launched a product that aims to offer a unique approach to inheritance tax planning (IHT). The new product, the Way Duo Inheritor Plan, combines features of discounted and flexible IHT schemes. Way Group technical director Paul Wilcox said the scheme is linked to a straightforward unit trust and OEIC, but not a bond. “Our product delivers a discount on the gift into a trust but in contrast to a discounted gift plan where funds are locked in, it also offers flexibility over 60% of the amount gifted,” he said. “The discounted gift is created by de...
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