Norwich Union: Inheritance tax confuses families
www.moneynews.co.uk > General finance > Norwich Union: Inheritance tax confuses families
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Norwich Union: Inheritance tax confuses families
Wed 22nd Apr 2009
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The study reveals that more than one in five people who are likely to have to pay inheritance tax have no idea they are required to.
Norwich Union also found that 62 per cent of the people it surveyed who are near or around the inheritance tax threshold have partial or no understanding of what inheritance tax actually is.
Nicholas Burton, senior marketing manager for Norwich Union, said: "Inheritance tax is not just for the super rich - many of our customers are mystified by the current system and as a result are not taking action or leaving things too late."
The insurer is currently undergoing a rebranding operation and will be known as Aviva from the summer onwards.
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Related News : Aviva |
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