AXA pension proposition enhanced
www.moneynews.co.uk > Pensions > AXA pension proposition enhanced
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Money News |
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AXA pension proposition enhanced
Fri 30th Nov 2007
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The discretionary trust option enables pension assets to be passed on while minimising risk and liability for inheritance tax (IHT).
It is available on a range of pensions including stakeholder, personal pension and self-invested pension wrappers, or Sipps.
Head of retirement development Tony Moore said: "People want to see the benefits of saving hard for their own financial security, without having to worry about IHT liability on their death prior to vesting."
Recently AXA and Winterthur Wealth Management appointed Ian Colquhoun as its managing director of commercial operations in the UK of its new investment company.
Yet to be named, the company will be launched next year.
AXA and Winterthur said that the new company aimed to "redefine" the ways in which funds are structured, managed and delivered.
Related News : Pensions |
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Related News : AXA |
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